When you’re looking for excellent rates on Mortgage and Real Estate loan products, look no further – Energy CU have the competitive rates you’re looking for.
Rates are effective as of September 10, 2018. Rates are subject to change without notice.
| Loan Type | Term | APR * | Max. Amount |
|---|---|---|---|
| First Mortgage | Please call us at (617) 325-1999 for current rates and terms. | ||
| Home Equity Loan for Combined Loan-to-Value 80% or less + |
Up to 10 years ++ | 4.99% | Up to $150,000 |
| Home Equity Line of Credit | Up to 20 years | Prime minus 1%, adjustable monthly ** |
$150,000 |
* APR – Annual Percentage Rate.
+ Sample payment information for home equity loan: The cost of $1,000 borrowed for 10 years at 4.99% is $10.60 per month.
++ Sample payment information for home equity loan: The cost of $1,000 borrowed for 10 years at 6.50% is $11.35 per month.
** The prime rate is the Wall Street Journal prime rate as of the last business day of the month. Sample Payment information for a Home Equity LOC: A loan with a principal balance of $10,000 at 4.00% (prime -1%) would require a payment of $150 with approximately $33.97 applied to interest and $116.03 applied to principal in a 31 day month. Maximum rate is 18%.