Peoples Federal Savings Bank - The Bank for Boston!

Home Equity Rates
If you’re a homeowner, you can use the equity you have built up in your home to secure possibly the lowest-rate financing available. And, whether you select a variable-rate Home Equity Line of Credit or a fixed-rate Home Equity Loan, the interest may be tax-deductible (check with your tax advisor).

Program	Term	APR	Monthly Payments per $1000 borrowed
Fixed Rate Equity Loans* (Effective: Wednesday August 31, 2011)
Home Equity Loans	36 months	3.000%	$29.09
	48 months	3.375%	$22.31
	60 months	3.625%	$18.25
	84 months	5.000%	$14.14
	120 months	5.250%	$10.73
*Annual Percentage Rate (APR) subject to change without notice.1-4 family owner-occupied properties only. Property insurance is required. Minimum loan amount $25,000. Maximum loan amount $100,000. Maximum loan to value 70%. Value based on most recent tax assessment. If an appraisal is required there is a fee of $350 - $525. Other restrictions may apply. Consult a tax advisor as to the deductibilty of interest.

Please contact us if you have any questions about our products or services. You can use our information request form, or give us a call at (617) 254-0707. We're here to help you - plain and simple.