Personal Rates: Home Equity

 For current information regarding home equity loans and lines of credit including rates, terms, and applicable fees please call our Customer Contact Center at (800) 892-2096 or visit one of our convenient branch locations.
 
Rates as of 10/13/09 and are subject to change without notice.

Min. Amount

Max. Amount

Rate

APR 

Max. Term

$15,000

   $49,999

5.240

5.240

5 Yrs.

 $50,000 

      $1,000,000   

      4.990     

  4.990 

5 Yrs. 

$15,000

      $49,999  

   5.500  

5.500

7 Yrs.

$50,000

    $1,000,000 

      5.250     

  5.250 

7 Yrs. 

$15,000

   $49,999

   5.625  

 5.625

10 Yrs.

 $50,000 

   $1,000,000

    5.375   

  5.375 

10 Yrs.

 $15,000 

   $49,999

5.740

5.740

15 Yrs.

 $50,000 

    $1,000,000 

  5.490 

 5.490 

15 Yrs. 


Other rates and terms available. 

Offer may be withdrawn at any time and require a personal NewAlliance Bank checking account with a minimum opening deposit of $50 or $500, depending upon the account selection. Annual Percentage Rate (APR) effective 10/13/09. 

Certain restrictions apply. CT and Western MA owner-occupied 1-4 family and condominium properties only. Payments must be automatically deducted from a NewAlliance checking account.  Rate may increase if auto-payment is cancelled.  Property insurance isrequired.  Flood insurance may be required. 

A 5-year $15,000 loan at 5.240% fixed APR has  60 estimated monthly payments of $284.70.
  A 5-year $50,000 loan at 4.990% fixed APR has  60 estimated monthly payments of $943.26. 

A 7-year $15,000 loan at 5.500% fixed APR has  84 estimated monthly payments of $215.54.
 A 7-year $50,000 loan at 5.250% fixed APR has  84 estimated monthly payments of $712.55. 

 A 10-year $15,000 loan at 5.750% fixed APR has 120 estimated monthly payments of $163.72. 
A 10-year $50,000 loan at 5.500% fixed APR has 120 estimated monthly payments of $537.50.

A 15-year $15,000 loan at 6.000% fixed APR has 180 estimated monthly payments of $124.49.
A 15-year $50,000 loan at 5.750% fixed APR has 180 estimated monthly payments of $408.31.