Current RatesLOAN RATESPlease read this important information about our service area. If you reside outside of the State of Massachusetts, please contact us so that we can evaluate whether we can adequately service your lending or deposit product needs. Fixed Mortgage Rates (Includes Construction)
Apply Online
Effective Date: 02/18/2010
| Mortgage Type |
Term |
Points |
Rate |
Annual
Percentage
Rate(APR) |
Payment per
$1,000 borrowed
|
| Fixed |
15 Years |
0
|
4.500% |
4.500% |
$7.65
|
| Fixed |
15 Years |
1
|
4.250% |
4.403% |
$7.52
|
| Fixed |
15 Years |
2
|
4.000% |
4.300% |
$7.40
|
| Fixed |
30 Years |
0
|
5.250% |
5.250% |
$5.25
|
| Fixed |
30 Years |
1
|
5.000% |
5.090% |
$5.37
|
| Fixed |
30 Years |
2
|
4.750% |
4.230% |
$5.22
|
First-Time Homebuyer Program
Apply Online
Effective Date: 02/18/2010
| Mortgage Type |
Term |
Points |
Rate |
Annual
Percentage
Rate(APR) |
Payment per
$1,000 borrowed
|
Mass Advantage
(up to 97% Financing) |
30 Years |
0
|
6.250% |
6.944% |
$6.16
|
Mass Advantage
(up to 97% Financing) |
30 Years |
2
|
5.625% |
5.820% |
$5.76
|
Please call 508-867-1301 for more details.
Adjustable Mortgage Rates
Effective Date: 02/18/2010
| Mortgage Type |
Term |
Points |
Rate |
Annual
Percentage
Rate(APR) |
Payment per
$1,000 borrowed
|
| 1 Year Adjustable |
30 Years |
0
|
4.625% |
6.440% |
$5.14
|
| 3/1 Year Adjustable |
30 Years |
0
|
5.125% |
6.610% |
$5.44
|
| 5/1 Adjustable |
30 Years |
0
|
5.625% |
6.820% |
$5.76
|
Maximum rate increase for 1 Year Adjustable Rate Mortgages is 2% per adjustment and 6% over the life of loan.
3/1 Adjustable Rate Mortgage is fixed for the first 3 years then adjusts annually 2% maximum adjustment per year and 6% maximum adjustment over the life of the loan.
5/1 Adjustable Rate Mortgage is fixed for the first 5 years then adjusts annually 2% maximum adjustment per year and 6% maximum adjustment over the life of the loan.
Annual Percentage Rate's (APR) are based on a 20% down payment and $100,000 financed.
All mortgage rates are for 1-4 Family Owner-Occupied homes.
Private Mortgage Insurance is required on Loan-to-Values in excess of 80%.
Home Equity Rates
Apply Online
Effective Date: 02/18/2010
| Type |
Term |
Annual
Percentage
Rate(APR) |
Payment per
$1,000 borrowed
|
| Equity Line of Credit |
10-Year Draw Period |
5.000%** |
Varies
|
| Fixed Rate Equity Loan |
5 Year |
6.250% |
$19.45
|
| Fixed Rate Equity Loan |
10 Year |
6.750% |
$11.48
|
| Fixed Rate Equity Loan |
15 Year |
7.000% |
$8.99
|
| Fixed Rate Equity Loan |
20 Year |
7.500% |
$8.06
|
**This rate is fixed for 24 months. The rate will adjust to the most current Prime Rate as published in the Wall Street Journal. The minimum Annual Percentage Rate is 5% with a maximum Annual Percentage Rate of 18%.
Consumer Loan Rates
Apply Online
Effective Date: 02/18/2010
| Type |
Term |
Annual Percentage Rate |
Payment per
$1,000 borrowed
|
| Unsecured Personal Loan |
36 Months |
14.00%* |
$34.18
|
| Other Loans Available |
| Passbook Loans |
|
3% above acct. rate |
*Rates will decrease another .25% if payments are automatically
deducted from a North Brookfield Savings Bank account.
Land & Mobile Home Loans are also available.
Please call 508-867-1301 for more details.
Auto/Motorcycle Loan Rates
Apply Online
Effective Date: 02/18/2010
Rates listed below assume a down payment (cash or trade) of at least 20% of purchase price. Other down payment options are available.
| Type |
Term |
Annual Percentage
Rate (APR)
|
Payment per
$1,000 borrowed
|
| New |
60 Months |
6.49%*
|
$19.56
|
| Used 1-3 Years Old |
48 Months |
6.74%*
|
$23.83
|
| Used 4+ Years Old |
36 Months |
6.74%*
|
$30.76
|
| Motor Homes |
120 Months |
9.25%*
|
$12.80
|
| All Terrain Vehicles |
60 Months |
9.00%*
|
$20.76
|
| Commercial |
60 Months |
8.25%*
|
$20.40
|
*Rates will decrease another .25% if payments are automatically deducted from a North Brookfield Savings Bank account.
 |
