Home Equity Loan Rates

These Home Equity Loan Rates are effective as of 4/1/2014.

Home Equity Loan Rates
Product/TermsAPR*Payment per $1,000 Borrowed
Home Equity Line of Credit**3.00%Revolving
1-5 years3.50%$18.19 (60 mo.)
6-10 years3.75% $10.01 (120 mo.)
11-15 years4.25%$  7.52 (180 mo.)

For more information, call us 413-739-6961 or email us at mortgage@freedom.coop.

Loan Calculator

*Annual Percentage Rate.  Payments do not include amounts for tax and insurance premiums, if applicable, and the actual payment obligation may be greater. 

**Variable Rate with a maximum potential rate of 15%. The Rate is based on Prime Rate as published in the Wall Street Journal on the first business day of each month MINUS .50%, not to go below 3% (floor rate). $175 recording fee paid by borrower.