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NEWS AND ALERTS:

Meet our new Originators!
Marline Charette-Strange
Lisa Gerulaitis
 
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PERSONAL BANKING

Automobile/Motorcycle Loans

Whether you are buying a new or used vehicle or motorcycle, we offer competitive rates and terms. We will finance 90% of the lesser of the sales price or NADA book value. We do not offer financing for vehicles older than six (6) years old.  If you have the payment automatically deducted from a Monson Savings Bank checking or savings account, we will reduce the interest rate by ¼%

See: Automobile Application Checklist

Rates as of Friday, February 3, 2012

Product Description Interest Rate Annual Percentage Rate Payment per $1,000 Payments Apply
Used Car Loan
48 Months
Used Car 2010-2011  
6.750% 6.750% $23.83 Show Payments and Rates
36 Months
Used Car 2006-2009  
6.750% 6.750% $30.76 Show Payments and Rates
New Car Loan
48 Months New Car 2013/2012   6.000% 6.000% $23.49 Show Payments and Rates
60 Months New Car 2013/2012   6.250% 6.250% $19.45 Show Payments and Rates
All rates .25% off when automatic withdrawal is set up from a deposit account at Monson Savings. Minimum of 10% down required. Annual Percentage Rates are based on $10,000.00 borrowed. This offer and the above rates are all subject to change or withdrawal without notice. We do not offer financing for automobiles older than 6 years old.