monsonlogo
Live chat
 
 

 
 
RESIDENTIAL MORTGAGES  

 
Construction Loan / Construction to Permanent Loan
   

Building your dream home has never been easier! At Monson Savings Bank, we offer both 30 year and 15 year fixed construction-to-permanent mortgages with one closing. The construction period is a maximum period of 12 months. Some restrictions apply.

Rates as of Friday, July 30, 2010
Interest Rate Points Annual Percentage Rate Payment per $1,000 Payments Closing Costs Apply
12 Months Construction
Term 30 Years
5.000% 0.000 5.077% $4.17 Show Payments and Rates $3,876.33
12 Months Construction
Term 15 Years
4.500% 0.000 4.623% $3.75 Show Payments and Rates $3,841.83

Construction Disclosure:
Rates are for conventional financing and are subject to change without notice. Annual percentage rates are based on $165,000.00 loan with 20% down, include 0 points, and a 12 month construction period. This offer and the above rates are subject to change or withdrawal without notice.  Contact Bank for Non-Conforming and Jumbo Rates.