Flexible financing, local guidance, trusted partner.
At Newburyport Bank, we know your home is more than just a place to live — it’s a foundation for your future. Our Home Equity Flex Line of Credit lets you access the value you’ve built to take on what matters most, with the support of a trusted local partner by your side.
The flexibility of a Line of Credit with security, so you can:
- Access funds whenever you need them
- Make interest-only payments on your line of credit
With our Home Equity Flex Line of Credit you can lock in a fixed rate anytime during the draw period, so it fits your journey when you need it most:
- Fixed monthly payments for stability
- No fees for conversion
- Flexibility to maintain up to three fixed-rate equity loans at once
Best of all, you can use your Home Equity Flex Line of Credit to move forward with confidence:
- Renovating your home or outdoor space
- Consolidating debt into one manageable payment
- Funding tuition or life milestones
- Covering travel, experiences, or unexpected expenses
Flexibility today. Confidence for tomorrow. This is how you journey well.
Home Equity Flex Line of Credit (Interest Only)
6.50 APR1
WSJ Prime Rate minus .50% for the life of the line
1 Newburyport Bank’s Home Equity Line of Credit Annual Percentage Rate (APR) is 6.50%. The APR is a variable rate based on the Prime Rate as published in the money section of the Wall Street Journal (WSJ), minus .50%. Prime Rate is as of 12/05/2025. The advertised rate is available for lines of credit between $25,000 and $500,000, with a minimum credit score of 680 and a maximum combined loan-to-value ratio of 80% on a 1-4 Family Owner-Occupied primary residence only (excluding manufactured homes). Home equity lines of credit outside of these parameters may be available. Subject property must be located in Massachusetts or New Hampshire. Property insurance is required; flood insurance may be required. An annual fee of $50.00 will be assessed in January of each year. An early termination fee of $500.00 may apply if the loan is closed and paid off within the first 36 months. A returned check fee of $30 may be applied if payment from an outside check does not clear. You may be required to pay certain fees to third parties, such as appraisers, attorneys, credit reporting firms, and government agencies, depending on your loan criteria. An itemized list of fees is available upon request. Consult a tax advisor regarding the deductibility of interest. The APR will never be less than 4% or more than 18%. All loans are subject to the Bank’s credit standards. Rates may be subject to change. Program may be terminated at any time.
Flex fixed-rate conversion loan option (below)
- Fix a portion or all of your credit line during the draw period of your home equity line of credit
- No application fee
- Fixed flex rates2 as of 12/05/2025
| TERM | RATE | APR | MONTHLY P&I per $1000 |
|---|---|---|---|
| 5 YEAR | 6.750% | 6.750% | $19.67 |
| 10 YEAR | 7.000% | 7.000% | $11.61 |
| 15 Year | 7.250% | 7.250% | $9.13 |
2 Fixed conversion loan options can be locked for terms of 5, 10, or 15 years. A maximum of three fixed portions is available simultaneously. All loans are subject to the Newburyport Bank’s credit standards. Rates, terms, and conditions are subject to change or discontinuation at any time.
To view the Home Equity Flex Line of Credit Disclosure Statement click here.
Let's get started
Contact one of our dedicated Mortgage Lenders today to talk about how you can benefit from our Home Equity Flex.
