Bank of North Dakota Loan Rates
Rates subject to change daily. All rates set at the time of loan funding.
Direct Farm Real Estate Loan Rates
Effective for the week of 02/07/2012 through 02/13/2012 |
| Rate Index |
Terms |
Level I |
Level II |
Level III |
| Quarterly Adj.* |
25 Years |
2.67% |
3.17% |
4.17% |
| Annual |
25 Years |
2.74% |
3.24% |
4.24% |
| 3 Year Adj. |
25 Years |
3.06% |
3.56% |
4.56% |
| 5 Year Adj. |
25 Years |
3.63% |
4.13% |
5.13% |
| 7 Year Adj. |
25 Years |
4.27% |
4.77% |
5.77% |
| 10 Year Adj.** |
25 Years |
6.00% |
6.50% |
7.50% |
| 25 Year Fixed** |
25 Years |
6.50% |
7.00% |
8.00% |
*Quarterly adjustable rate loans funded prior to 4-30-08 are indexed to the FHLB 3 month LIBOR rate quoted under the Daily Adjustable Loan Rate Indexes below.
**Rate floors have been established on the 10 Year Adj. and the 25 Year Fixed rate for Levels I, II, and III.
- Bank of North Dakota charges no prepayment penalties for early payment.
- The maximum rate charged during the term of the loan will not increase by more than 6% from the initial interest rate on the quarterly, annual, 3 year, 5 year, and 7 year adjusted rates.
- NOTE: THE MAXIMUM LOAN NOT TO EXCEED $1,500,000
Guaranteed Loan Purchase Program Rates
Effective for the week of 02/07/2012 through 02/13/2012 |
| Rate Index |
BND Net Rate |
+ |
Lead Lender |
= Borrower Rate |
Quarterly Adj. |
1.42% |
+ |
Service Fee |
= Borrower Rate |
| 1 Year Adj. |
1.49% |
+ |
Service Fee |
= Borrower Rate |
| 2 Year Adj. |
1.68% |
+ |
Service Fee |
= Borrower Rate |
| 3 Year Adj. |
1.81% |
+ |
Service Fee |
= Borrower Rate |
| 5 Year Ad |
2.38% |
+ |
Service Fee |
= Borrower Rate |
| 7 Year Adj. |
3.02% |
+ |
Service Fee |
= Borrower Rate |
Commercial/Farm Participation
Daily Adjustable Loan Rate Indexes
Rate Index Effective 02/03/2012 |
Index |
| Wallstreet 1 Month LIBOR |
0.26050% |
| Wallstreet 3 Month LIBOR |
0.52700% |
Rate Index Effective 02/06/2012 |
Index |
| FHLB 1 Month LIBOR |
0.260% |
| FHLB 3 Month LIBOR |
0.523% |
| FHLB 1 Yr Adv Rate |
0.49% |
| FHLB 2 Yr Adv Rate |
0.68% |
| FHLB 3 Yr Adv Rate |
0.81% |
| FHLB 5 Yr Adv Rate |
1.38% |
Weekly Adjustable Treasury Loan Rate Indexes (Reference Only)
Effective for the week of 02/07/2012 through 02/13/2012 |
| Rate Index |
Index |
| 90 Day Treasury Constant Maturities |
0.07% |
| 1 Year Treasury Constant Maturities |
0.13% |
| 3 Year Treasury Constant Maturities |
0.31% |
| 5 Year Treasury Constant Maturities |
0.73% |
| 10 Year Treasury Constant Maturities |
1.88% |
For more information please contact us at:
Bank of North Dakota
1200 Memorial Hwy
PO Box 5509
Bismarck, ND 58506-5509
(701) 328-5817
1-800-472-2166 ext. 5817
TDD (Telephone Device for the Deaf) 1-800-643-3916
