Fixed Rate Home Equity Loan
Current Rates - Effective Wednesday, July 1, 2009
All rates are accurate as of the effective date and are subject to change at any time.
| Term | Interest Rate | APR* | Monthly Payment per $10,000 |
| 5 Yr. | 5.75% | 5.75% | $192.17 |
| 10 Yr. | 6.0% | 6.0% | $111.02 |
| 15 Yr. | 6.25% | 6.25% | $85.74 |
*Annual Percentage Rate
Maximum CLTV is 75%Above rates are discounted with automatic monthly payment deducted from a Norwood Bank checking account. The 10 year APR without automatic deduction is 6.25%. The 15 year APR without automatic deduction is 6.50%. Offer and rates are subject to change at any time. Available on owner occupied properties in MA for loan amounts above $20,000 and subject to income and credit approval. Loan subject to $300 early termination fee in the first 36 months.
Rates are subject to change without notice.
Customers should contact a bank employee for further information concerning fees and terms applicable to the advertised account. All accounts are insured in full through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and Share Insurance Fund (SIF).
