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Home Equity Rates
Print PreviewRates are subject to change without notice. Here's a list of our current home equity and consumer loan rates, which are effective as of January 05, 2010 . Please feel free to browse our latest consumer loan, CD, mortgage, IRA, and savings & checking rates.


Product
Annual
Percentage Rate
Term
Mo. Payment
Per $1000
Combined
Loan to Value
Home Equity Loans ($10,000 - $500,000) *
Equity Loan
5.500%
60 months
$19.10
Max. 80%
5.750%
84 months
$14.49
Max. 80%
6.000%
120 months
$11.10
Max. 80%
6.250%
180 Months
$8.57
Max. 80%
Home Equity Line of Credit ($10,000-$500,000) ** - Variable rate of Wall Street Journal Prime Rate minus 0.50% for the life of line. Maximum rate is 18%. Minimum rate is 3.950%. $35 annual fee.
Equity Line of Credit **
Wall Street Journal Prime
Rate minus 0.50%
114 months
$2.29 ***
Max. 80%

* No application fee or closing costs for amounts up to $250,000.

** Home Equity Lines of Credit on owner-occupied primary residences within the state of Connecticut. No application fee or closing costs on loan amounts of $250,000 or less. Maximum Loan to Value (LTV) is 80%. 114 month term. $35 annual fee. A prepayment penalty of $500 will be imposed on all new accounts closed within 24 months of origination.

*** Minimum payments made under the plan will not be sufficient to repay the outstanding principal balance. A single payment of the entire outstanding principal balance is required at maturity.