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 2021-2022 – New | ||||
|
Auto/Truck 2021-2022 – New
|
4.490% | 5.050% | $18.64 | 60 |
| Auto/Truck 2020-2021 – Used | ||||
|
Auto/Truck 2020-2021 – Used
|
5.190% | 5.753% | $18.96 | 60 |
| Auto/Truck 2018-2019 – Used | ||||
|
Auto/Truck 2018-2019 – Used
|
5.890% | 6.457% | $19.28 | 60 |
| Auto/Truck 2016-2017 – Used | ||||
|
Auto/Truck 2016-2017 – Used
|
6.490% | 7.189% | $23.71 | 48 |
| Auto/Truck 2015 and older – Used | ||||
|
Auto/Truck 2015 and older – Used
|
10.990% | 11.916% | $32.73 | 36 |
Payment per $1000 Financed is for loans with Payment by Auto Deduction from a Mascoma Bank Account. For more information contact a local branch.
Rates effective March 1, 2022
APR = Annual Percentage Rate
APR is based on a $5000 loan
Rates are subject to change without notice
Motorcycles, ATVs, Snowmobiles, Campers, Boats
| Rate | APR | Payment per $1000 Financed | Max Term | |
|---|---|---|---|---|
| 2021-2022 – New | ||||
|
2021-2022 – New
|
6.790% | 7.361% | $19.70 | 60 |
| 2020-2021 – Used | ||||
|
2020-2021 – Used
|
7.090% | 7.660% | $19.84 | 60 |
| 2018-2019 – Used | ||||
|
2018-2019 – Used
|
7.790% | 8.495% | $24.31 | 48 |
| 2016-2017 – Used | ||||
|
2016-2017 – Used
|
9.490% | 10.414% | $32.03 | 36 |
| 2015 & Older – Used | ||||
|
2015 & Older – Used
|
10.990% | 11.916% | $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.
Payment per $1000 Financed is for loans with Payment by Auto Deduction from a Mascoma Bank Account. For more information contact a local branch.
Rates effective March 1, 2022
APR = Annual Percentage Rate
APR is based on a $5000 loan
Rates are subject to change without notice
Campers, Motorhomes, Boats over $10,000
| Rate | APR | Payment per $1000 Financed | Max Term | |
|---|---|---|---|---|
| 2015-2022 | $10,000 – $24,999 | ||||
|
2015-2022 | $10,000 – $24,999
|
6.990% | 7.300% | $11.61 | 120 |
| 2015-2022 | $25,000 – $49,999 | ||||
|
2015-2022 | $25,000 – $49,999
|
6.690% | 6.910% | $8.82 | 180 |
| 2015-2022 | $50,000 and Up | ||||
|
2015-2022 | $50,000 and Up
|
6.190% | 6.407% | $8.54 | 180 |
The VSI (Vendor Single Interest Insurance) is required on all loan types. The VSI fee is $50.00.
Payment per $1000 Financed is for loans with Payment by Auto Deduction from a Mascoma Bank Account. For more information contact a local branch.
Rates effective March 1, 2022
APR = Annual Percentage Rate
APR is based on a $5000 loan
Rates are subject to change without notice
Consumer Loans
| Rate | APR | Payment per $1000 Financed | Max Term | |
|---|---|---|---|---|
| Unsecured | ||||
|
Unsecured
|
10.990% | 11.578% | $21.74 | 60 |
| 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% | 4.502% | $18.50 | 60 |
| Apply Now | ||||
Payment per $1000 Financed is for loans with Payment by Auto Deduction from a Mascoma Bank Account. For more information contact a local branch.
Rates effective March 1, 2022
APR = Annual Percentage Rate
APR is based on a $5000 loan
Rates are subject to change without notice