Mercantile Bank of Michigan's rate for a
$50,000 motorhome loan beats the Grand Rapids Metro average
by up to
1%
and is eligible for a Datatrac Great Rate Award and saving you as much as $57 over the life of the loan.
Select Type
Mercantile Bank of Michigan - New Motorhome-60 Mo
7.44% APR2
Grand Rapids Metro Market Average - New Motorhome-60 Mo
7.48% APR2
About Datatrac
Datatrac is an independent, unbiased research firm that has monitored deposit and loan rates, fees and product features for over 25 years on more than 327,387 financial institutions locations in America. Datatrac Great Rate Awards certify that deposit and loan rates outperform the market average for comparable products. www.datatrac.net
- $57 is the difference between the amount paid in interest between Mercantile Bank of Michigan's rate at 7.44% APR compared to 7.48% APR for the Grand Rapids Metro market average over the life of a $50,000 motorhome loan over 60 months.
- APR=Annual Percentage Rate. Datatrac’s comprehensive, unbiased research and analysis is updated each
business day and is conducted independent of any financial institution. There is no guarantee that you will receive the rates or terms displayed herein. Actual rates and terms are in the full discretion of the financial institution and are subject to your credit rating and other factors. Please contact Mercantile Bank of Michigan directly with any questions regarding their current rates and terms.
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