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. Please contact one of our loan originators to apply. All construction loans require Board of Investment approval.
Rates as of Friday, February 3, 2012 |
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| Interest Rate | Points | Annual Percentage Rate | Payment per $1,000 | Payments | Closing Costs |
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12 Months Construction Term 30 Years |
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| 4.500% | 0.000 | 4.551% | $3.75 | Show Payments and Rates | $3,767.23 |
|
12 Months Construction Term 15 Years |
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| 3.750% | 0.000 | 3.831% | $3.13 | Show Payments and Rates | $3,715.78 |