Rates

*APR is Annual Percentage Rate. Rate and term are dependent on credit qualifications and repayment method.

Auto Loans: Maximum loan amount of $100,000

Boat & RV Loans: Maximum loan amount of $250,000

* APR is Annual Percentage Rate. Rate and term are dependent on credit qualifications and repayment method.

Personal Loans: Maximum loan amount of $15,000

Shared/Certificate Loans: Maximum loan amount of $100,000

Vacation Loans: Maximum loan amount of $5,000

Mass Save HEAT Loans: Maximum loan amount of $50,000

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*30 Year Fixed Conventional - Important Loan Information

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $600,000 and an estimated property value of $750,000.  The property is in MA (within 100 miles of the corporate office).  The property is an existing single-family home and will be used as a primary residence.  An escrow (impound) account is required.  The rate lock period is 60 days, and the assumed credit score is 720.

At a 5.990% interest rate, the APR for this loan type is 6.123%.  The monthly payment schedule would be:

• 359 payments of $3,593.45 at an interest rate of 5.99%
• 1 payment of $3,589.66 at an interest rate of 5.99%

Minimum payment does not include taxes and homeowner’s insurance and the actual payment may be higher.  If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner’s insurance premiums.

**15 Year Fixed Conventional - Important Loan Information

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $600,000 and an estimated property value of $750,000.  The property is in MA (within 100 miles of the corporate office).  The property is an existing single-family home and will be used as a primary residence.  An escrow (impound) account is required.  The rate lock period is 60 days, and the assumed credit score is 720.

At a 5.50% interest rate, the APR for this loan type is 5.72%.  The monthly payment schedule would be:

• 179 payments of $4,902.50 at an interest rate of 5.50%
• 1 payment of $4,902.69 at an interest rate of 5.50%

Minimum payment does not include taxes and homeowner’s insurance and the actual payment may be higher.  If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner’s insurance premiums.

***10 Year Fixed Conventional - Important Loan Information

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $600,000 and an estimated property value of $750,000.  The property is in MA (within 100 miles of the corporate office).  The property is an existing single-family home and will be used as a primary residence.  An escrow (impound) account is required.  The rate lock period is 60 days, and the assumed credit score is 720.

At a 5.50% interest rate, the APR for this loan type is 5.812%.  The monthly payment schedule would be:

• 119 payments of $6,511.98 at an interest rate of 5.50%
• 1 payment of $6,511.04 at an interest rate of 5.50%

Minimum payment does not include taxes and homeowner’s insurance and the actual payment may be higher.  If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner’s insurance premiums.

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*5/1 Adjustable Rate Mortgage - Important Loan Information

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $600,000 and an estimated property value of $750,000.  The property is in MA (within 100 miles of the corporate office).  The property is an existing single-family home and will be used as a primary residence.  An escrow (impound) account is required.  The rate lock period is 60 days, and the assumed credit score is 720.

At a 4.990% interest rate, the APR for this loan type is 5.115%.  The monthly payment schedule would be:

• 60 payments of $3,217.26 at an interest rate of 4.99%
• 299 payment of $5,002.10 at an interest rate of 9.99%
• 1 payment of $5,001.67 at an interest rate of 9.99%

Minimum payment does not include taxes and homeowner’s insurance and the actual payment may be higher.  If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner’s insurance premiums.

**10/1 Adjustable Rate Mortgage - Important Loan Information

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $600,000 and an estimated property value of $750,000.  The property is in MA (within 100 miles of the corporate office).  The property is an existing single-family home and will be used as a primary residence.  An escrow (impound) account is required.  The rate lock period is 60 days, and the assumed credit score is 720.

At a 5.50% interest rate, the APR for this loan type is 5.629%.  The monthly payment schedule would be:

• 120 payments of $3,406.73 at an interest rate of 5.50%
• 239 payment of $4,944.44 at an interest rate of 10.50%
• 1 payment of $4,903.75 at an interest rate of 10.50%

Minimum payment does not include taxes and homeowner’s insurance and the actual payment may be higher.  If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner’s insurance premiums.

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If member does not meet about mentioned requirements, The Standard Home Equity Line of Credit may be available. Refer to the disclosure available on the website for details. NMLS ID# 789578

*APR – Annual Percentage Rate. All rates are subject to change at any time.

**This sample payment is based on the maximum term available and the listed APR

To apply, please visit our website at www.tremontcu.org or contact our Lending Department at 781-843-5626.

NMLS number 789578