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A Helping Hand for Whatever Life Throws Your Way
Life is expensive. When it hands you a large expense, it’s nice to know there’s a community-focused lender like us to help you develop a plan for conquering your financial obstacles.
Friends and Family Auto Loan Program
Buying a car is a big deal. It's why we launched our Friends and Family Auto Loan Program. As this community's financial guide, we want to help you navigate the financing process and maximize opportunity. Plus, you get a team of local lenders at your side who want the best for you. Our friends and family deserve nothing less. Now that's a big deal!
| Loan Type | APR1 | Maximum Term | Monthly payment per $1,000 borrowed | maximum loan amount | Apply |
|---|---|---|---|---|---|
| Friends and Family Auto Loan | 3.50% | 60 Months | $18.19 | $50,000.00 | Apply Now |
1 Annual percentage rate as of 10/4/19 is 3.50% and is subject to change without notice. Monthly principal and interest payment per $1,000 is $18.19. This auto loan program reflects a reduction in rate for auto payment from a Newburyport Bank deposit account. Other rates and auto loan programs are available. Auto loans are only available to Massachusetts, New Hampshire, and Maine residents. Loan approval and APR are subject to creditworthiness. Loans up to 120% loan to value. Terms and conditions are subject to change.
Personal Loans – Flexible Financing for Large Costs
Big moments in life generally mean big costs. From new furniture or a large appliance to consolidating debt, a personal loan designed for your financial situation can be a huge help. Our team will work with you to create the exact solution you need.
- Unsecured Personal Loan - Financing for your various needs from an education to wedding - or even a vacation.
- Secured Personal Loan - Use your own funds that are sitting in your savings account or in a CD as collateral to borrow money at a lower interest rate.
- Overdraft Checking Reserve Line of Credit - Protects you in the event you don't have enough cash in your account to cover a debit or ATM withdrawal.
- Credit Builder Loan - They money you borrow is held in a bank account while you make payments. When the loan is paid off, the money is released to you.
| Loan Type | Interest Rate | TERM | Monthly payment per $1,000 borrowed | minimum & Maximum loan amount | Apply |
|---|---|---|---|---|---|
| Unsecured Personal Loan | 7.75%-14.00%1 | Up to 60 Months | $20.164 | $1,000-$25,000 | Apply Now |
| Secured Personal Loan | 5.00%-12.00%2 | Up to 60 Months | $18.874 | $1,000-$25,000 | Apply Now |
| Credit Builder Loan | 5.00%3 | Up to 24 Months | $43.87 | $1,000-$5,000 | Apply Now |
1 Annual percentage rate as of 10/4/19 may be as low as 7.75% or as high as 14.00%. To qualify for the lowest rate and receive a 0.50% rate reduction, applicants must have excellent credit as defined by Newburyport Bank and have an automatic payment transfer from a Newburyport Bank deposit account. Personal loan terms are available from 12-60 months.
2 Annual percentage rate as of 10/4/19 may be as low as 5.00% or as high as 12.00%. To qualify for the lowest rate and receive a 0.50% rate reduction, applicants must have excellent credit as defined by Newburyport Bank and have an automatic payment transfer from a Newburyport Bank deposit account. Collateral installment loan terms are available from 12-60 months.
3 Annual percentage rate as of 10/4/19 is 5.00%. To qualify for the lowest rate and receive a 0.50% rate reduction, applicants must have excellent credit as defined by Newburyport Bank and have an automatic payment transfer from a Newburyport Bank deposit account. Credit builder loan terms are available from 12-24 months. Subject to change without notice.
4 Principal and interest payment based on best advertised rate and maximum term.
Mass Save® 0% HEAT Loan
The Mass Save® HEAT Loan Program is a home loan option for energy efficient improvements to your home. With a Mass Save® HEAT Loan, you have the opportunity to apply for a 0% interest rate loan through us.
With 0% financing, making energy efficient improvements to your home is now affordable. These energy efficient home improvements can be eligible for the HEAT Loan Program:
- Attic, Wall, and Basement Insulation
- High Efficiency Heating Systems
- Central Air Conditioning/ Air Source Heat Pumps
- Ductless Mini Split Heat Pumps
- High Efficiency Domestic Hot Water Systems
- Solar Hot Water Systems
- 7-Day Digital & WiFi Thermostats
- ENERGY STAR® Qualified Replacement Windows
To qualify, applicants must undergo a Mass Save audit to verify their eligibility, but you can start the loan application process with us any time. Visit the Mass Save website to learn more about the Mass Save HEAT Loan Program and for an outline of steps to take.
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