Consumer Loan Rates

Today’s Rates

Printer

 

 

  • Rates for Payment by Auto Deduct from Mascoma Bank Account**

  • Rates for Payment by Coupon


    • Solar Loan
      Rate
      Points
      APR
      Payment $1,000 Financed
      Max Term
      Margin
      Min. Rates/Max. Rates
      Payment $1,000
      Tier
      APY
      Minimum Balance to Obtain APY

      Minimum Balance to Open
      Interest Rate

      • new

        Solar Loan

        5.490%

        5.701%

        $8.17

        180

        $8.17

    • Personal Passenger Vehicles
      (Car, Van, Truck)
      Rate
      Points
      APR
      Payment $1,000 Financed
      Max Term
      Margin
      Min. Rates/Max. Rates
      Payment $1,000
      Tier
      APY
      Minimum Balance to Obtain APY

      Minimum Balance to Open
      Interest Rate

      • new

        Auto/Truck2017-2018

        4.490%

        5.054%

        $18.64

        60

        $18.64

      • used

        Auto/Truck2016-2017

        5.190%

        5.757%

        $18.96

        60

        $18.96

      • used

        Auto/Truck2014-2015

        5.890%

        6.461%

        $19.28

        60

        $19.28

      • used

        Auto/Truck2012-2013

        6.490%

        7.198%

        $23.71

        48

        $23.71

      • used

        Auto/Truck2011 and older

        10.990%

        11.941%

        $32.73

        36

        $32.73

    • Other Vehicles
      (Motorcycles, ATVs, Snowmobiles, Campers, Boats)
      Rate
      Points
      APR
      Payment $1,000 Financed
      Max Term
      Margin
      Min. Rates/Max. Rates
      Payment $1,000
      Tier
      APY
      Minimum Balance to Obtain APY

      Minimum Balance to Open
      Interest Rate

      • new

        2017-2018

        6.790%

        7.365%

        $19.70

        60

        $19.70

      • used

        2016-2017

        7.090%

        7.668%

        $19.84

        60

        $19.84

      • used

        2014-2015

        7.090%

        8.504%

        $24.31

        48

        $24.31

      • used

        2012-2013

        9.490%

        10.431%

        $32.03

        36

        $32.03

      • used

        2011 & Older

        10.990%

        11.941%

        $32.73

        36

        $32.73

      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.

    • Other Loans
      Rate
      Points
      APR
      Payment $1,000 Financed
      Max Term
      Margin
      Min. Rates/Max. Rates
      Payment $1,000
      Tier
      APY
      Minimum Balance to Obtain APY

      Minimum Balance to Open
      Interest Rate

      • Overdraft Protection

        18.000%

        18.000%

        $50.00

        $50.00

      • Unsecured

        10.990%

        11.941%

        $32.73

        36

        $32.73

      • Secured by MSB Deposits

        4.190%

        4.507%

        $18.50

        60

        $18.50

    • CAMPERS/MOTORHOMES/BOATS - OVER $10,000.00
      Rate
      Points
      APR
      Payment $1,000 Financed
      Max Term
      Margin
      Min. Rates/Max. Rates
      Payment $1,000
      Tier
      APY
      Minimum Balance to Obtain APY

      Minimum Balance to Open
      Interest Rate

      • $10,000 - $24,9992012-2018

        6.490%

        6.796%

        $11.35

        120

        $11.35

      • $25,000 - $49,9992012-2018

        6.190%

        6.407%

        $8.54

        180

        $8.54

      • 50,000 +2012-2018

        5.690%

        5.903%

        $8.27

        180

        $8.27

      The VSI (Vendor Single Interest Insurance) is required on all loan types. The VSI fee is $50.00

    • Rate
      Points
      APR
      Payment $1,000 Financed
      Max Term
      Margin
      Min. Rates/Max. Rates
      Payment $1,000
      Tier
      APY
      Minimum Balance to Obtain APY

      Minimum Balance to Open
      Interest Rate

      • • Transfer fee for Overdraft Protection - $3.00 for Relationship Gold checking, $5.00 for all other types of checking accounts.
        • Overdraft Protection annual fee is $25
        • 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
        • Classic collector programs available for vehicles 15 years and older. Please contact a Consumer Loan Underwriter.
        • No application fee, No cost to prequalify
        • Processing fees: $39 if secured by MSB deposit, $69 for all others. Fee may be financed. Processing fee waived for Overdraft Protection
        • APR=Annual Percentage Rate. Above APR's based on a $5,000 loan. Below APR's based on $100,000 loan.
        • All rates and terms are subject to Mascoma Bank Underwriting Guidelines and subject to change without notice
    • HOME EQUITY PRODUCTS - Index - Wall Street Prime 5.00%
      Interest Rate
      Points
      APR
      Payment $1,000 Financed
      Max Term
      Margin
      Min. Rates/Max. Rates
      Payment $1,000
      Tier
      APY
      Minimum Balance to Obtain APY

      Minimum Balance to Open
      Interest Rate

      • Home Equity Line of Credit - Adjusted Quarterly **

        2.990% **

        0

        2.990%

        $2.54

        25

        0

        3.990%/ 18.000%

        $2.54

      • Home Equity Loan - Fixed Rate

        4.875%

        0

        4.880%

        $10.55

        120

        N/A

        N/A

        $10.55

      Variable rates may be increased after consummation Bank will pay up to $300.00 in closing costs. No annual fee.  Rate caps are lifetime caps.
      **Introductory rate of 2.990% offered for first 9 months.  Interest only – variable payments for next 111 months. Calculated Wall Street Journal Prime minus 0.25%. The rate after the introductory period is currently 4.750%. fixed rate repayment for the final 15 years.

    • Solar Loan
      Rate
      Points
      APR
      Payment $1,000 Financed
      Max Term
      Margin
      Min. Rates/Max. Rates
      Payment $1,000
      Tier
      APY
      Minimum Balance to Obtain APY

      Minimum Balance to Open
      Interest Rate

      • new

        Solar Loan

        6.490%

        6.708%

        $8.71

        180

        $8.71

    • Personal Passenger Vehicles
      (Car, Van, Truck)
      Rate
      Points
      APR
      Payment $1,000 Financed
      Max Term
      Margin
      Min. Rates/Max. Rates
      Payment $1,000
      Tier
      APY
      Minimum Balance to Obtain APY

      Minimum Balance to Open
      Interest Rate

      • new

        Auto/Truck2017-2018

        5.490%

        6.058%

        $19.10

        60

        $19.10

      • used

        Auto/Truck2016-2017

        5.990%

        6.559%

        $19.33

        60

        $19.33

      • used

        Auto/Truck2014-2015

        6.690%

        7.264%

        $19.66

        60

        $19.66

      • used

        Auto/Truck2012-2013

        7.290%

        8.002%

        $24.08

        48

        $24.08

      • used

        Auto/Truck2011 & Older

        12.190%

        13.145%

        $33.31

        36

        $33.31

    • Other Vehicles
      (Motorcycles, ATVs, Snowmobiles, Campers, Boats)
      Rate
      Points
      APR
      Payment $1,000 Financed
      Max Term
      Margin
      Min. Rates/Max. Rates
      Payment $1,000
      Tier
      APY
      Minimum Balance to Obtain APY

      Minimum Balance to Open
      Interest Rate

      • new

        2017-2018

        7.490%

        8.070%

        $20.03

        60

        $20.03

      • used

        2016-2017

        7.790%

        8.370%

        $20.18

        60

        $20.18

      • used

        2014-2015

        8.490%

        9.208%

        $24.64

        48

        $24.64

      • used

        2012-2013

        10.290%

        11.235%

        $32.40

        36

        $32.40

      • used

        2011 & Older

        12.190%

        13.145%

        $33.31

        36

        $33.31

      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.

    • OTHER LOANS
      Rate
      Points
      APR
      Payment $1,000 Financed
      Max Term
      Margin
      Min. Rates/Max. Rates
      Payment $1,000
      Tier
      APY
      Minimum Balance to Obtain APY

      Minimum Balance to Open
      Interest Rate

      • Unsecured

        12.190%

        13.145%

        $33.31

        36

        $33.31

    • CAMPERS/MOTORHOMES/BOATS - OVER $10,000.00
      Rate
      Points
      APR
      Payment $1,000 Financed
      Max Term
      Margin
      Min. Rates/Max. Rates
      Payment $1,000
      Tier
      APY
      Minimum Balance to Obtain APY

      Minimum Balance to Open
      Interest Rate

      • $10,000 - $24,9992012-2018

        6.490%

        6.796%

        $11.35

        120

        $11.35

      • $25,000 - $49,9992012-2018

        6.190%

        6.407%

        $8.54

        180

        $8.54

      • $50,000+2012-2018

        5.690%

        5.903%

        $8.27

        180

        $8.27

QUESTIONS? PLEASE CONTACT ANY OFFICE OR CALL 1-603-448-3650 OR 1-888-627-2662