Fixed Rate Mortgages

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.

Fixed Rate Mortgage Features

Low rates
Low down payments
Various terms to choose from
Loan options available for both 1-4 family houses and condominiums

Effective as of 3/23/2023

Term	Rate	APR¹	Monthly P&I ²Payment (per $1,000)
30-Year Fixed Rate SPECIAL³	5.750%	5.815%	$5.84 (360 payments)
30-Year Fixed Rate⁴	6.375%	6.445%	$6.24 (360 payments)
20-Year Fixed Rate⁴	6.250%	6.341%	$7.31 (240 payments)
15-Year Fixed Rate⁴	6.000%	6.111%	$8.44 (180 payments)

All rates are subject to change without notice. Payment amounts on the above products do not include taxes and insurance. Your payments may be greater. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.

¹Annual Percentage Rate (APR) is based on a single-family primary residence property and is subject to change based on factors such as points, loan amount, loan-to-value, borrowers credit, property type, and occupancy. All rates subject to change without notice. Subject to credit approval.

²Principal and Interest (P&I)

³Annual Percentage Rate (APR) above is based on a loan amount of $400,000, for owner-occupied property or 2^nd homes with a 80% or lower Loan to Value (LTV) and FICO Score of 700 or 75% or lower LTV and FICO Score of 680. The property is located in MA or Southern New Hampshire. Rates may vary based on other scenarios. Private Mortgage Insurance (PMI) is required if the down payment is less than 20%.

⁴Annual Percentage Rate (APR) above is based on a loan amount of $400,000, single-family primary residence purchase transaction with a loan to value of 80% or less and a FICO Score of 740. The property is located in MA or Southern New Hampshire. Rates may vary based on other scenarios. Private Mortgage Insurance (PMI) is required if the down payment is less than 20%.