Consumer Loan Rates Massachusetts
Personal, Auto & Home Equity Loan Rates Massachusetts
Annual Percentage Rates (APRs) effective as of March 25, 2025 and are subject to change at any time. Offer of credit is subject to approval.
Mass Save HEAT Loans
| Type | Minimum Loan | Maximum Loan | APR | Max Term | Monthly Payment Examples per $1,000 | |
|---|---|---|---|---|---|---|
| Micro HEAT Loan1 | Unsecured | $500 | $2,000 | 0.00% | 24 mos. | $41.67 |
| Standard HEAT Loan1 | Unsecured | $2,001 | $15,000 | 0.00% | 84 mos. | $11.90 |
| Standard HEAT Loan1, 2 | Secured | $15,001 | $25,000 | 0.00% | 84 mos. | $11.90 |
1UniBank does not offer HEAT Loans for condos, townhouses or commercial properties. Each Mass Save loan shall only be funded up to the amount of the Authorized Work. Checks must be made to the customer and the contractor(s) identified on the Authorization Form. The Property must be owner-occupied.
2 UCC filing fee of $75 required by applicant.
| Type | Maximum Loan | APR | Max Term | Monthly Payment Examples per $1,000 |
|
|---|---|---|---|---|---|
|
Personal Loan
(1,000 minimum)
|
Unsecured |
$5,000 |
17.00%3 | 48 months | $28.86 |
|
Unsecured |
$5,000 |
14.00%3 | 12 months | $89.79 |
3A .25% reduction in the above rate is available at closing when signed up for auto deduction.
| Minimum Loan | Maximum Loan | APR | Max Term | Monthly Payment Examples per $1,000 |
|
|---|---|---|---|---|---|
|
CD/Savings Adjustable-Rate Loan
|
$1,000 |
No Maximum |
7.50%4 | 240 months | $11.87 Payment example based on 10 year term |
|
Overdraft Line of Credit
|
$500 |
$10,000 |
13.50%5 | No Maximum | |
|
Home Improvement Fixed-Rate Loan
|
$1,000 |
$10,000 |
10.00%3 | 72 months | $18.53 |
3 A .25% reduction in the above rate is available at closing when signed up for auto deduction.
4 APR is variable and based on Wall Street Journal Prime Rate. Minimum APR is 3.25%. Maximum APR is 18%. Prime rate is currently 7.50% as of March 25, 2025.
5 APR is variable and based on Wall Street Journal Prime Rate plus 6.00%. Minimum APR is 3.25%. Maximum APR is 18%. Prime rate is currently 7.50% as of March 25, 2025.
| Model Year | APR | Max Term | Monthly Payment Examples per $1,000 |
|
|---|---|---|---|---|
| Automobile Loans (new) |
2024 - New |
6.75%3 |
60 months | $19.68 |
|
2024 - New |
7.25%3 | 72 months for loans over $20,000 | $17.17 |
3A .25% reduction in the above rate is available at closing when signed up for auto deduction. Financing available up to 100% of the contracted purchase price or MSRP, whichever is less.
| Model Year | APR | Max Term | Monthly Payment Examples per $1,000 |
|
|---|---|---|---|---|
| Automobile Loans (used) | 2017 - 2023 | 7.75%3 | 60 months | $20.16 |
| 2016 & Older | 8.50%3 | 48 months | $24.65 |
3A .25% reduction in the above rate is available at closing when signed up for auto deduction. Financing available up to 100% of the contracted purchase price or used car retail value, whichever is less.
| Terms | APR | Monthly Payment Examples per $1,000 |
|
|---|---|---|---|
| Fixed Term Home Equities6,8 | 5 Years 10 Years 15 Years 20 Years |
6.74% 6.99% 7.24% 7.24% |
$19.68 $11.61 $9.12 $7.90 |
6 Up to 80% Loan-to-Value (LTV) of the market value.
| Terms | APR | |
|---|---|---|
| Adjustable Rate Home Equity Line of Credit8 |
10 Year Draw Period 10 Year Repayment |
7.25%7
|
Apply Now
7 The APR is variable and based on WSJ Prime Rate minus 0.25%. Prime rate is currently 7.50% as of March 25, 2025. Minimum APR is 3.25%. Maximum APR is 18%. Homeowners and Flood insurance (where applicable) is required for the life of the loan. Offer available on primary owner occupied 1-4 family residences only.
8 Fees for Opening Plan: A one-time application fee may apply and will not exceed $500. Application fee is based on the final loan amount. A trust review fee which can range from $250 to $500 may be assessed. This fee may vary depending on the trust complexity and attorney review.
UniBank is currently only accepting applications for Home Equity Lines of Credit that meet the following Eligibility Criteria: You must have existing first or second (Lien) mortgage with UniBank; or you have a first mortgage with another lender and you are applying with UniBank to refinance; or you have no mortgage lien on your property. Other conditions may apply.