*Rates are accurate as of Today's Date (Do Not Delete). Offer valid beginning 3/27/2025. The Special Introductory Annual Percentage Rate (APR) of 4.500% is applicable for the first 6 months. After the first 6 months, the rate will be variable and adjust based on the Prime Rate published in the Wall Street Journal. WSJ Prime Rate is 7.500% as of present. Maximum APR is 18.00%.  The requirements for this Promotional Rate Program include the following: The rates shown above require monthly automatic repayment from a Monson Savings Bank (MSB) personal checking account. The above rate/APR reflects a 0.250% discount for the establishment and maintenance of automatic recurring loan payments from an MSB Checking account. If you do not establish and maintain an MSB account and recuring payments for the life of the loan, the rate/APR would be 0.250% higher than the rates referenced above. Termination of automatic repayment or insufficient balance for regularly scheduled payment will result in an undiscounted rate and termination of the Promotional Rate Program. A minimum initial draw requirement of $10,000 must be met at the time of funding. The program requires you to maintain an outstanding balance for a minimum period of 6 (six) months, regular minimum monthly payments accepted. An early termination fee of $500 will apply if the loan is paid and discharged within 36 months from the date of origination. Property insurance is required. Flood insurance may be required. Minimum line amount is $10,000. Minimum $10,000 draw at closing and $500 minimum advances thereafter.

There are no points, no closing costs, and there are no appraisal fees unless you request us to use a value different than your town’s assessed value, and that appraisal cost would be your responsibility. These fees can range from $0-$1,500. Offer can end at any time without notice. Credit offer is subject to credit approval. The interest paid on a home equity loan or credit line may be tax deductible depending on your particular tax status. Consult your tax advisor regarding tax deductibility.