The right mortgage - StonehamBank

STONEHAMBANK DEPOSITORS ARE FULLY INSURED

All deposits are fully insured at StonehamBank through both FDIC and DIF.

Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF). The combination of FDIC and DIF insurance provides customers of our bank with full deposit insurance on all their deposit accounts. No depositor has ever lost a penny in a bank insured by both the FDIC and the DIF. Please Click Here to view our 2022 Annual Report.

Featured Loans:

First-Time Homebuyers

Make your first home purchase with confidence!

Learn More

Adjustable-Rate Mortgage

For larger loan amounts not covered by conforming loan limits.

Learn More

Home Equity Line of Credit

Providing funds for all types of home improvements.

Learn More

Let us Guide You

Contact a Mortgage Lender today to find what option works best for you.

Get Started How to Apply

Mortgage Calculator

The loan amount, interest rate, and term of the mortgage can dramatically impact the total amount you eventually pay for your property. Use our mortgage calculator to see the impact of these variables.

Annual Taxes

Property taxes and interest rates can vary by location. Enter the yearly property taxes for the property you are interested in.

Annual Taxes Range

Home Insurance

Did you know the price of your home can affect your interest rate and the loan type that you're eligible for? It's also used to figure out your loan-to-value (LTV) ration, another factor that affects your interest rate.

Home Insurance Range

Home Price

Home Price Range

Down Payment

The down payment is the money you pay upfront for your new home. You'll usually need a down payment of at least 3%. FHA loans require at least 3.5% down, and VA loans can have 0% down.

Down Payment Range Down Payment Percent

Interest Rate

Your interest rate will vary based on a number of factors: home price, down payment, credit score, and even location.

Interest Rate Range

Loan Type

Principal & Interest

Property Taxes

Home Insurance

Mortgage Insurance

When working with the calculator, please remember the dollar amounts displayed aren’t guaranteed, and what you actually pay may be different. The estimates you receive are for illustrative and educational purposes only.

Other mortgage options are available. Contact a member of the StonehamBank Lending Team for help finding the mortgage that’s best suited to your unique needs – and budget.

NMLS # 408050