Loans

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Our Rates

At Piscataqua Savings Bank we offer both fixed and adjustable
It was very important to have a quick closing and they worked very hard to make that happen, even around the holidays. - Brian Veroneau
rates across a wide range of loan types. We take pride in offering the best ARM portfolio loans in the area. Review our competitive rates below and check back often - or bookmark this page now - as this page is updated daily. We make every attempt to offer the lowest rates to our customers with customized loan options. In fact, we are always surveying our competitor's rates to ensure that ours remain the best for our customers.

Please call us at 603.436.5250 to speak with an experienced, knowledgeable advisor about your special requests, or apply online now!

All rates are subject to change without prior notice. Rates as of 10/24/2014.

Payment examples, for adjustable rate mortgages, can be viewed by placing your cursor over the product type. The index for all of the below ARM programs= 1 year US Treasury Constant Maturity.

Adjustable Rate Mortgages

Type Rate Points APR Caps Margin Monthly Payment per $1,000
1 Year ARM
1 Year ARM: The APR is based upon a $100,000 mortgage and a 20% down payment. The interest rate may increase or decrease after the first 12 months of the loan. Repayment is based upon 12 payments at $414.89 and 348 payments at $427.99
2.875% 0.000% 3.127% 2/6% 3.000% $4.15
1 Year ARM
1 Year ARM - 1pt: The APR is based upon a $100,000 mortgage and a 20% down payment. The interest rate may increase or decrease after the first 12 months of the loan. Repayment is based upon 12 payments at $401.65 and 348 payments at $427.60
2.625% 1.000% 3.187% 2/6% 3.000% $4.02
3/1 Year ARM
3 to 1 ARM 0 pts: The APR is based upon a $100,000 mortgage and a 20% down payment. The interest rate may increase or decrease after the first 36 months of the loan. Repayment is based upon 36 payments at $428.38 and 324 payments at $428.38
3.125% 0.000% 3.146% 2/6% 3.000% $4.28
3/1 Year ARM
3 to 1 Year ARM 1 pt: The APR is based upon a $100,000 mortgage and a 20% down payment. The interest rate may increase or decrease after the first 36 months of the loan. Repayment is based upon 36 payments at $414.89 , and 324 payments at $427.22
2.875% 1.000% 3.170% 2/6% 3.000% $4.15
5/1 Year ARM
5 to 1 Year ARM 0 pts: The APR is based upon a $100,000 mortgage and a 20% down payment. The interest rate may increase or decrease after the first 60 months of the loan. Repayment is based upon 60 payments at $442.10 , and 300 payments at $430.28
3.375% 0.000% 3.233% 2/6% 3.000% $4.42
5/1 Year ARM
5 to 1 Year ARM 1 pt: The APR is based upon a $100,000 mortgage and a 20% down payment. The interest rate may increase or decrease after the first 60 months of the loan. Repayment is based upon 60 payments at $428.38 and 300 payments at $428.38
3.125% 1.000% 3.225% 2/6% 3.000% $4.28
10/1 Year ARM
10 to 1 year ARM - 0 pt : The APR is based upon a $100,000 mortgage and a 20% down payment. The interest rate may increase or decrease after the first 120 months of the loan. Repayment is based upon 120 payments at $470.24 and 240 payments at $440.00
3.875% 0.000% 3.607% 2/6% 3.000% $4.70
10/1 Year ARM
10 to1 Year ARM - 1 pt: The APR is based upon a $100,000 mortgage and a 20% down payment. The interest rate may increase or decrease after the first 120 months of the loan. Repayment is based upon 120 payments at $456.05 and 240 payments at $436.20
3.625% 1.000% 3.537% 2/6% 3.000% $4.56

The APR is based upon a $100,000 mortgage and a 20% down payment over 30 years. The interest rate and APR may increase or decrease after the initial fixed-rate period. Certain restrictions apply and availability of these programs is subject to change without notice.

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Land Loan Mortgages

Type Rate Points APR Caps Margin Monthly Payment per $1,000
1 Year Arm
1 year ARM: The APR is based upon a $100,000 mortgage and a 35% down payment. The interest rate may increase or decrease after the first 12 months of the loan. Repayment is based upon 12 payments at $764.99 and 168 payments at $758.99
4.500% 1.000% 4.583% 2/6% 4.250% $7.65

The APR is based upon a $100,000 mortgage and a 35% down payment over 15 years. The interest rate and APR may increase or decrease after the first 12 months of the loan. Certain restrictions apply and availability of these programs is subject to change without notice.

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Non-Owner Occupied Mortgages

Type Rate Points Caps Margin
1 Year Arm 4.000% 0.000% 2/6% 3.500%
3/1 Year ARM 4.250% 0.000% 2/6% 3.500%
5/1 Year ARM 4.500% 0.000% 2/6% 3.500%

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Owner Occupied Fixed Rates - Servicing Retained

Type Rate Points APR Monthly Payment per $1,000
30 Year Fixed 4.000% 0.000% 4.022% $4.77
30 Year Fixed 3.875% 0.875% 3.969% $4.70
30 Year Fixed 3.750% 1.625% 3.906% $4.63
30 Year Fixed 3.625% 2.375% 3.843% $4.56
15 Year Fixed 3.125% 0.000% 3.163% $6.97
15 Year Fixed 3.000% 0.875% 3.165% $6.91
15 Year Fixed 2.875% 1.375% 3.112% $6.85
15 Year Fixed 2.750% 2.250% 3.115% $6.79

Annual Percentage Rates (APR) are based on a $100,000 mortgage, 20% downpayment, 740 minimum credit score, purchase or refinance with no cash out, and a single-family owner-occupied property. Certain restrictions apply and availability of these programs is subject to change without notice.

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Home Equity "Line Plus" - HELP

This unique product is available for owner-occupied properties only. It combines features found in a traditional line of credit (“Line”) with the added benefit of being able to lock outstanding balances, in increments chosen by the customer, into fixed-rate (“Plus”) payments. The APR (*) for the LINE feature is fixed for the first 12 months and is then subject to increase monthly based upon the New York Prime Rate as published in the Wall Street Journal with a maximum APR of 16.00%. A $500 prepayment penalty will be assessed if the account is closed in the first 12 months. If an appraisal is required, the fees will range from $300.00 to $700.00, depending on the property type.

Current Prime Rate: 3.250%

Loan Amount Maximum Loan-to-Value APR* Term Monthly Payment
Minimum line amount is $10,000 and the Maximum is $250,000 80% of appraised value 3.250% Draw period with balloon is 120 months Interest Only.

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"Plus" Feature

The PLUS feature provides the ability to convert advances from the home equity line into steady monthly payments of principal and interest with a fixed rate. There are no fees charged to convert previously advanced amounts (the minimum amount to convert is $1,000) and the remaining line of credit continues to be available for additional advances.

**Maximum Loan-to-Value is based on the appraised value less any outstanding liens.
***APR and payment examples for the PLUS feature are based on a $1,000 loan amount. If the line of credit is closed, all outstanding “Plus” feature loans must also be paid off.

Loan Amount Maximum Loan-to-Value* Rate APR** Term (up to) Monthly Payment
Minimum loan amount is $1,000 and the Maximum is $250,000 80% of Appraised Value 3.875% 3.875% 60 $18.36
Minimum loan amount is $1,000 and the Maximum is $250,000 80% of Appraised value 4.375% 4.375% 120 $10.30
Minimum loan amount is $1,000 and the Maximum is $250,000 80% of appraised value 4.875% 4.875% 180 $7.84

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Home Equity Loans (Fixed Rate)

*Maximum LTV based on appraised value less any outstanding liens. **APR and payment examples are based on a $10,000 loan amount. Loan is subject to a $500.00 prepayment penalty if closed in the first 12 months. Primary residence or second homes only. Appraisal fee, if required, will range from $300.00 to $700.00. Lender will give a credit of $175.00 towards closing costs.

Loan Amount Maximum Loan-to-Value* Rate APR** Term (up to) Monthly Payment
Minimum loan amount is $10,000 and the Maximum is $250,000 80% of Appraised Value 3.875% 3.932% 60 $183.60
Minimum loan amount is $10,000 and the Maximum is $250,000 80% of Appraised value 4.375% 4.405% 120 $103.04
Minimum loan amount is $10,000 and the Maximum is $250,000 80% of appraised value 4.875% 4.896% 180 $78.43

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Auto Loans

Type Year Term APR Monthly Payment per $1,000
New Car - 80% of purchase price 2014 24 6.500% $44.55
New Car - 80% of purchase price 2014 36 6.500% $30.65
New Car - 80% of purchase price 2014 48 6.500% $23.71
Used Car - 80% of book value or purchase price, which ever is less. 2012 - 2013 24 7.000% $44.77
User Car - 80% of book value or purchase price, which ever is less 2012 - 2013 36 7.000% $30.88
Used Car - 80% of book value or purchase price, which ever is less. 2010 - 2011 24 7.500% $45.00
Used Car - 80% of book value or purchase price, which ever is less. 2010 - 2011 36 7.500% $31.11

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Unsecured Personal Loans

Type Loan Amount Term APR Monthly Payment per $1,000
Minimum $500.00 12 14.000% $89.79
Maximum $5000.00 24 14.000% $48.01

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Collateral Loans

Account Type Loan Amounts APR Monthly Payment
Savings Secured - 2% over the Annual Percentage Yield on the account securing the loan rounded up to the next 1/4% Minimum Amount: $500 Maximum Amount: 100% of account balance 2.500% Interest Only or monthly principal and interest
Certificate of Deposit - 2% over the Annual Percentage Yield on the CD securing the loan rounded up to the next 1/4% Minimum Amount: $500 Maximum Amount: 100% of account balance Variable Interest Only or monthly principal and interest

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