Cambridge Trust Company | Home Equity Rates

Home Equity Rates
Effective as of:

Product Term APR
(Annual Percentage Rate)

Home Equity Line of Credit ^1,2 Relationship ³ Prime - 1%
4.00% APR

Home Equity Line of Credit in Excess of $100,000 ^4,5 Prime - 1/2%
4.50% APR

Home Equity Line of Credit of $100,000 or less ^4,5 Prime - 1/4%
4.75% APR

Standard ⁵ Prime - 0%
5.00% APR

Home Equity Loan ² Relationship ³ 5 year
10 year
15 year
20 year 5.750%
5.750%
6.250%
6.500%

Standard 5 year
10 year
15 year
20 year 6.000%
6.000%
6.500%
6.750%

Personal Installment Loan Secured
Unsecured 10.50%
13.00%

Automobile Loan New
Used 9.00%
10.00%

Rates may change without prior notice

Subject to Credit Approval

For repayment of a 15-year Home Equity Loan at 6.500% APR the monthly payment would be $8.71 monthly per thousand.

(1) The Home Equity Line of Credit interest rate is variable and subject to change monthly. The Maximum Annual Percent Rate (APR) of interest is 18%. The APR is based on the value of an index. The index is the Wall Street Journal Prime Interest Rate, which is currently 5.00% on the effective date of this notice. Fee for early termination applies. (2) The Bank will pay routine legal expenses associated with closing costs. If the legal fees incurred are beyond those usually required for our typical home equity closing, the excess fees may be the responsibility of the borrower. Property insurance is required. Borrowers pay the appraisal fee of approximately $175-$275 for a home equity line of credit or home equity loan in excess of $250,000 or in excess of 50% of the property's tax assessed value. Other terms and conditions apply for lines and loans over $500,000. Consult your tax advisor about tax deductibility. Please see a Customer Service Representative for details. (3) Relationship rate is available to borrowers who maintain a Cambridge Trust Company Premium or Premium Plus deposit account, with auto-debit of the monthly payment from a Cambridge Trust Company deposit account. Minimum APR of 4.00% applies to Line of Credit only. (4) Rate is available only with auto-debit of your monthly payment from a Cambridge Trust Company deposit account. (5) Minimum APR of 4.50% applies.

Generally speaking, our lending area is restricted to within a 50-mile radius of each of our branch locations. However, for individual consideration, please contact us.

For more information, ask your branch representative or call 617-876-5500.

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