We offer many loan options with competitive rates and flexible terms.
All rates subject to change without notice.
Loan |
Term |
Minimum |
Maximum |
Max Loan |
Annual Percentage Rate (APR) |
Payment in Dollars per Thousand |
---|---|---|---|---|---|---|
Home Equity Loans | ||||||
Home Equity Line of Credit |
10 year draw period, 20 year repayment** |
$10,000 |
$250,000 |
80% Homes, 70% Condo |
5.25%*
|
Payments vary based on outstanding balance |
Home Equity Loan |
10 Years |
$10,000 |
$250,000 |
80% Homes, 70% Condo |
4.75% |
120 monthly payments of $10.48 per $1,000 advanced at 4.75% APR† |
Accessory Dwelling Unit Home Equity Loan |
15 Years |
$10,000 |
$250,000 |
80% Owner Occupied Single Family Homes |
4.75% |
180 monthly payments of $7.78 per $1,000 advanced at 4.75% APR† |
Storm Preparedness Loan |
Up to 7 Years | $1,000 | $15,000 | N/A | 5.25%*** | 84 monthly payments of $14.25 per $1,000 advanced at 5.25% APR† |
Sewer Connection Loan |
15 Years | $5,000 | $25,000 | N/A | 5.49%*** | 180 monthly payments of $8.17 per $1,000 advanced at 5,49% APR† |
† Payment example does not include taxes or insurance premiums. Actual payment obligation may be greater. |
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Home Equity Solar Loan |
15 Years |
N/A |
$75,000 |
80% Homes |
4.75% |
180 monthly payments of $7.78 per $1,000 advanced at 4.75% APR† |
† Payment example does not include taxes or insurance premiums. Actual payment obligation may be greater. |
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Unsecured Solar Loan All closings will be in person at a Cape Cod 5 Banking Center |
10 Years |
$5,000 |
$35,000 |
N/A |
5.00%*** |
12 monthly payments of interest only. Followed by 108 payments of $11.52 per thousand advanced at 5.00% APR |
MassSave® HEAT Loan (micro) All closings will be in person at a Cape Cod 5 Banking Center |
24 months |
$500 |
$2,000 |
N/A |
0.00% |
24 monthly payments of $41.67 per $1,000 borrowed at 0.00% APR |
MassSave® HEAT Loan (standard) All closings will be in person at a Cape Cod 5 Banking Center |
84 months |
$2,001 |
$25,000 |
N/A |
0.00% |
84 monthly payments of $11.90 per $1,000 borrowed at 0.00% APR |
MassSave® HEAT Loan (Non-Owner Occupied/Investment Properties) All closings will be in person at a Cape Cod 5 Banking Center |
84 months | $5,000 | $25,000 | N/A | 0.00% | 84 monthly payments of $11.90 per $1,000 borrowed at 0.00% APR |
Personal Unsecured Loans |
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Personal Overdraft Line of Credit All closings will be in person at a Cape Cod 5 Banking Center |
N/A |
$500 (advances in $50 increments) |
$2,500 |
N/A |
16.00% |
Payments vary based on outstanding balance |
Unsecured Personal Loan All closings will be in person at a Cape Cod 5 Banking Center |
36 months |
$1,000 |
$5,000 |
N/A |
9.75% |
36 monthly payments of $32.15 per $1,000 advanced at 9.75% APR |
Vehicle Loans |
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New Vehicle All closings will be in person at a Cape Cod 5 Banking Center |
72 months for the current model year (i.e. 2022) |
|
|
90% |
6.50%*** |
72 monthly payments of $16.81 per $1,000 borrowed at 6.50% APR |
Used Vehicle All closings will be in person at a Cape Cod 5 Banking Center |
48 months for 2018 or newer models |
|
|
80% |
7.25%*** |
48 monthly payments of $24.06 per $1,000 borrowed at 7.25% APR |
Boat Loans for Boat Lengths of 26' or Less |
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New Boat All closings will be in person at a Cape Cod 5 Banking Center |
60 months |
|
|
80% |
7.75%*** |
60 monthly payments of $20.16 per $1,000 borrowed at 7.75% APR |
Used Boat All closings will be in person at a Cape Cod 5 Banking Center |
36 months |
|
|
80% |
8.50%*** |
36 monthly payments of $31.57 per $1,000 borrowed at 8.50% APR |
*Annual Percentage Rate - Wall Street Journal Prime Rate +0.50%. Annual Percentage Rate will never be more than 18.000% or less than 3.00%. This is a variable rate product. Property insurance is required. Additional discounts may be available subject to underwriting guidelines. An annual fee of $50 will be assessed. An early termination fee of $400 will apply if the line is terminated within the first 24 months. You also must pay certain fees to third parties. These fees generally total between $0 and $2500. If you ask, we will give you an itemization of the fees you will have to pay to third parties.
**Interest-only payments during draw period.
***Annual Percentage Rate with AutoPay - Your loan payment can be automatically paid from your Cape Cod 5 checking or savings account. Automatic payment on automobile and other loans may qualify you for a discount (between .25% and .50%) on your rate.