Whatever your borrowing needs, Mascoma Bank’s flexible financing options can help you achieve your goals.
Mascoma Bank offers competitive rates and a variety of loan terms to fit almost any need. You can also save money by having your monthly payment automatically deducted from a Mascoma Bank deposit account. Relationship Banking customers may also qualify for reduced interest rates.
Auto Loans
| Rate | APR | Payment per $1000 Financed | Max Term | |
|---|---|---|---|---|
| Auto/Truck 2020-2021 – New | ||||
|
Auto/Truck 2020-2021 – New
|
4.490% | 5.054% | $18.64 | 60 |
| Auto/Truck 2019-2020 – Used | ||||
|
Auto/Truck 2019-2020 – Used
|
5.190% | 5.757% | $18.96 | 60 |
| Auto/Truck 2017-2018 – Used | ||||
|
Auto/Truck 2017-2018 – Used
|
5.890% | 6.461% | $19.28 | 60 |
| Auto/Truck 2015-2016 – Used | ||||
|
Auto/Truck 2015-2016 – Used
|
6.490% | 7.198% | $23.71 | 48 |
| Auto/Truck 2014 and older – Used | ||||
|
Auto/Truck 2014 and older – Used
|
10.990% | 11.941% | $32.73 | 36 |
Rates, APR, and Payment per $1000 Finances is for loans with Payment by Auto Deduction from a Mascoma Bank Account. For other payment options contact a local branch.
Rates effective March 1, 2021
APR = Annual Percentage Rate
Rates are subject to change without notice
Motorcycles, ATVs, Snowmobiles, Campers, Boats
| Rate | APR | Payment per $1000 Financed | Max Term | |
|---|---|---|---|---|
| 2021-2020 – New | ||||
|
2021-2020 – New
|
6.790% | 7.365% | $19.70 | 60 |
| 2019-2020 – Used | ||||
|
2019-2020 – Used
|
7.090% | 7.668% | $19.84 | 60 |
| 2017-2018 – Used | ||||
|
2017-2018 – Used
|
7.790% | 8.504% | $24.31 | 48 |
| 2015-2016 – Used | ||||
|
2015-2016 – Used
|
9.490% | 10.431% | $32.03 | 36 |
| 2014 & Older – Used | ||||
|
2014 & Older – Used
|
10.990% | 11.941% | $32.73 | 36 |
VSI (Vendor Single Interest Insurance) is required on all loan types listed above, when the loan amount is greater than $2,000. The VSI fee is $50.00.
Rates, APR, and Payment per $1000 Finances is for loans with Payment by Auto Deduction from a Mascoma Bank Account. For other payment options contact a local branch.
Rates effective March 1, 2021
APR = Annual Percentage Rate
Rates are subject to change without notice
Campers, Motorhomes, Boats over $10,000
| Rate | APR | Payment per $1000 Financed | Max Term | |
|---|---|---|---|---|
| 2014-2020 | $10,000 – $24,999 | ||||
|
2014-2020 | $10,000 – $24,999
|
6.490% | 6.796% | $11.35 | 120 |
| 2014-2020 | $25,000 – $49,999 | ||||
|
2014-2020 | $25,000 – $49,999
|
6.190% | 6.407% | $8.54 | 180 |
| 2014-2020 | $50,000 and Up | ||||
|
2014-2020 | $50,000 and Up
|
5.690% | 5.903% | $8.27 | 180 |
The VSI (Vendor Single Interest Insurance) is required on all loan types. The VSI fee is $50.00.
Rates, APR, and Payment per $1000 Finances is for loans with Payment by Auto Deduction from a Mascoma Bank Account. For other payment options contact a local branch.
Rates effective March 1, 2021
APR = Annual Percentage Rate
Rates are subject to change without notice
Consumer Loans
| Rate | APR | Payment per $1000 Financed | Max Term | |
|---|---|---|---|---|
| Unsecured | ||||
|
Unsecured
|
10.990% | 11.941% | $32.73 | 36 |
| Apply Now | ||||
| Overdraft Protection | ||||
|
Overdraft Protection
|
18.000% | 18.000% | $50.00 | |
| Apply Now | ||||
| Secured by Mascoma Bank Deposits | ||||
|
Secured by Mascoma Bank Deposits
|
4.190% | 4.507% | $18.50 | 60 |
| Apply Now | ||||
Rates, APR, and Payment per $1000 Finances is for loans with Payment by Auto Deduction from a Mascoma Bank Account. For other payment options contact a local branch.
Rates effective March 1, 2021
APR = Annual Percentage Rate
Rates are subject to change without notice