Consumer
Loan Rates
Effective as of: May 7, 2008
| TYPE | Relationship Plans Payment by Auto Deduct | Payment by Auto Deduct | Payment by Coupon | MAX TERM | ||||||
| RATE | APR | PAYMENT/$1,000 FINANCED | RATE | APR | PAYMENT/$1,000 FINANCED | RATE | APR | PAYMENT/$1,000 FINANCED | ||
PASSENGER VEHICLES (Car, Van, Truck )
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| NEW AUTO/TRUCK 2008-2007 | 5.590% | 6.003% | $19.14 | 6.590% | 7.006% | $19.61 | 7.090% | 7.509% | $19.84 | 60 |
| 5.790% | 6.138% | $16.47 | 6.790% | 7.144% | $16.95 | 7.290% | 7.644% | $17.19 | 72 | |
| USED AUTO/TRUCK 2007-2006 | 5.790% | 6.204% | $19.24 | 6.790% | 7.209% | $19.70 | 7.290% | 7.710% | $19.94 | 60 |
| USED AUTO/TRUCK 2005-2004 | 6.490% | 6.908% | $19.56 | 7.490% | 7.911% | $20.03 | 7.990% | 8.412% | $20.27 | 60 |
| USED AUTO/TRUCK 2003-2002 | 7.090% | 7.605% | $23.99 | 8.090% | 8.609% | $24.46 | 8.590% | 9.111% | $24.69 | 48 |
OTHER VEHICLES (Motorcycles, ATV's, Snowmobiles, Campers, Boats)
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| NEW 2008-2007 | 6.990% | 7.407% | $19.80 | 7.990% | 8.412% | $20.27 | 8.490% | 8.913% | $20.51 | 60 |
| USED 2007-2006 | 7.250% | 7.668% | $24.06 | 8.250% | 8.673% | $24.53 | 8.750% | 9.176% | $24.77 | 48 |
| USED 2005-2004 | 7.990% | 8.508% | $24.41 | 8.990% | 9.514% | $24.88 | 9.490% | 10.015% | $25.12 | 48 |
| USED 2003-2002 | 9.250% | 9.934% | $31.92 | 10.250% | 10.935% | $32.38 | 10.750% | 11.437% | $32.62 | 36 |
| VSI (Vender Interst Insurance) is required on all loan types listed above, when the loan amount is greater than $2,000. The VSI fee is $30.00.
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OTHER LOANS
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| Overdraft Protection | 18.000% | 18.000% | $50.00 | 18.000% | 18.000% | $50.00 | ||||
| No Transfer Fee | $50.00 Min Payment | $3.00 Transfer Fee | $50.00 Min Payment | |||||||
| Unsecured | 12.750% | 13.448% | $33.57 | 13.750% | 14.449% | $34.06 | 14.250% | 14.952% | $34.30 | 36 |
| Secured by MSB Deposits | 3.00% over the Deposit Account Interest Rate, Adjustale. *Maximum Term: 60 Months*
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| Secured by Stocks | 2.00% over the Prime Rate, adjusted monthly. NYSE Stocks only.
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| CAMPERS/MORTORHOMES/BOATS - OVER $10,000.00 - MODEL YEARS 2002-2008 | ||||||||||
| AMOUNT FINANCED | MAX TERM | RATE | APR | PAYMENT/$5,000 FINANCED |
| |||||
| $10,000 - $24,999 | 120 | 7.500% | 7.725% | $59.35 | ||||||
| $25,000 - $49,999 | 180 | 7.250% | 7.412% | $45.64 | ||||||
| $50,000 + | 180 | 6.750% | 6.910% | $44.25 | ||||||
- Transfer fee for Overdraft Protection waived for Relationhsip Banking Customers
- Overdraft Protection annual fee is $25.00
- Approved term limit exceptions will increase interest rate by 1.000%
- There will be no term increase longer than 6 months or over the 72 month term
- The maximum vehicle mileage is 80,000 miles. Vehicle years 2001 and older will receive the Unsecured Rate
- No application fee, No cost to qualify
- Processing fees: $25 if seured by MSB deposit, $50 for all others. Fees may be financed. Fee waived for Overdraft Protection
- APR = Annual Percentage Rate, Based on a $5,000 loan
- Variable rates may be increased after consummation
- All rates and terms are subject to Mascoma Savings Bank Underwriting Guidelines and subject to change without notice
QUESTIONS? PLEASE CONTACT ANY OFFICE OR CALL 1-603-448-3650 OR 1-800-707-3553