Mortgage Rates

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Fixed-Rate Mortgages

Program	Rate	Points	APR* 20% Down	Max. Loan Amount	Max. Term	Monthly Payment per $1,000³
10-Year Fixed	6.250%	0	6.470%	$750,000	10 Years	$11.23
	6.625%	0	6.654%	$1,000,000	10 Years	$11.42
15-Year Fixed	6.250%	1	6.554%	See note 1	15 Years	$8.57
	6.375%	0	6.531%	See note 1	15 Years	$8.64
20-Year Fixed	6.375%	0	6.501%	See note 1	20 Years	$7.38
30-Year Fixed	6.375%	2	6.666%	See note 1	30 Years	$6.24
	6.500%	1	6.694%	See note 1	30 Years	$6.32
	6.625%	0	6.721%	See note 1	30 Years	$6.40
30-Year Fixed Jumbo	6.750%	0	6.763%	See note 2	30 Years	$6.49
*APR=Annual Percentage Rate effective 12/18/2024. (1)Maximum Conforming Loan Amounts: Single Family: $766,550, Two Family: $981,500, Three Family: $1,186,350, Four Family: $1,474,400. (2)30 Year Fixed Jumbo Loan Amount: $766,551- $1,000,000. Property must be located in TSB's CRA area: Andover, Lawrence, Lynnfield, Methuen, Melrose, Middleton, North Reading, Reading, Saugus, Stoneham, Wakefield, & Wilmington. Jumbo Loan minimum FICO score of 700. (3)These amounts do not include real estate taxes and insurance. The actual monthly payment will be higher if an escrow account is established or required. Subject to credit and property approval. Hazard insurance is required. Flood insurance may be required. Property must be 1 to 4 family owner-occupied. Maximum loan-to-value varies based on property, number of units, and product. Loans over 80% LTV will require PMI approval. Amount of PMI varies and if taxes are escrowed. 10, 15, and 30 Year Fixed Rate APR includes prepaid finance charges such as points, $88.00 Tax Service Fee, $80.00 Hazard Tracking Fee, $600.00 Processing Fee, $14.50 Flood Certificate Fee, and $200.00 Employment/Income Verification Fee. All Interest Rates and program guidelines may change without prior notice. Other restrictions may apply. Please contact TSB for details.

First Time Homebuyer

Program	Rate	Points	APR* 11% Down¹	Years	Monthly Payment per $1,000³
Special Offer
30 Year Fixed	6.625%	0	6.662%	Years 1-30	$6.40
7/3 ARM	6.000%	0	6.460%	Years 1-7	$6.00
				Years 8-30	$6.54
*APR=Annual Percentage Rate effective 12/18/2024. (1)Composite APR includes prepaid finance charges such as, $88.00 Tax Service Fee, $80.00 Hazard Tracking Fee, $14.50 Flood Certificate Fee, and $200.00 Employment/Income Verification Fee. (2)Must have automatic payments from a TSB checking account and direct deposit of payroll income. (3)These amounts do not include real estate taxes and insurance. The actual monthly payment will be higher if an escrow account is established or required. Subject to credit and property approval. Hazard insurance is required. Flood insurance may be required. Property must be 1 to 4 family owner-occupied. No PMI on a loan-to-value of 89% on a 1 and 2 family property with a maximum loan amount of $800,000. 3 and 4 family property requires a minimum 80% loan-to-value and a maximum loan amount of $1,000,000. A maximum loan-to-value of 95% WITH PMI on a 1 family property and condominium with a maximum loan amount of $766,550. A maximum loan-to-value of 95% WITH PMI on a 2-family property with a maximum loan amount of $800,000. Any loan that requires Private Mortgage Insurance (PMI) must meet all guidelines established by the PMI company. Reduced closing costs. All Interest Rates and program guidelines may change without prior notice. Other restrictions may apply. Please contact TSB for details.

Adjustable-Rate Mortgages

Program	Term	Rate	Points	APR*	Caps	Margin	Monthly Payments per $1,000¹
Rates for loans less than or equal to $750,000
5/5 ARM Preferred²	30 Years	5.875%	0	6.571%	2/6	2.75%	Yrs 1-5	$5.92
							Yrs 6-30	$7.09
5/5 ARM	30 Years	6.375%	0	6.770%	2/6	2.75%	Yrs 1-5	$6.24
							Yrs 6-30	$7.45
7/3 ARM Preferred²	30 Years	6.000%	0	6.517%	1/4	2.75%	Yrs 1-7	$6.00
							Yrs 8-30	$6.54
7/3 ARM	30 Years	6.500%	0	6.775%	1/4	2.75%	Yrs 1-7	$6.32
							Yrs 8-30	$6.88
10/1 ARM Preferred²	30 Years	6.125%	0	6.515%	1/4	2.75%	Yrs 1-10	$6.08
								$6.57
10/1 ARM	30 Years	6.625%	0	6.845%	1/4	2.75%	Yrs 1-10	$6.40
							Yrs 11-30	$6.92
Jumbo Rate Loans – loans greater than $750,000
5/5 ARM Jumbo	30 Years	6.875%	0	7.330%	2/6	3.50%	Yrs 1-5	$6.57
							Yrs 6-30	$7.81
7/3 ARM Jumbo	30 Years	7.000%	0	7.306%	1/4	3.50%	Yrs 1-7	$6.65
							Yrs 8-30	$7.23
10/1 ARM Jumbo	30 Years	7.125%	0	7.340%	1/4	3.50%	Yrs 1-10	$6.74
							Yrs 11-30	$7.26
*APR=Annual Percentage Rate effective 12/18/2024. All above APRs are composite APRs. Assumes 20% down payment. ARM Composite APR includes prepaid finance charges such as $88.00 Tax Service Fee, $80.00 Hazard Tracking Fee, $600.00 Processing Fee, $14.50 Flood Certificate Fee, and $200.00 Employment/Income Verification Fee. Rates may increase after consummation. Subject to credit and property approval. Hazard insurance is required. Flood insurance may be required. Property must be 1 to 4-family owner-occupied. Maximum loan-to-value varies based on property, number of units, and product. Loans over 80% LTV will require PMI approval. Amount of PMI varies. (1)These amounts do not include taxes and insurance. If taxes are escrowed, actual payment obligation will be greater. ARM indices based on the weekly average yield U.S. Treasury Securities. (2)Requires Automatic Loan Payment from a TSB checking account with direct deposit of your income for the life of the loan. All Interest Rates and program guidelines may change without prior notice. Other restrictions may apply. Please contact TSB for details.

Construction/Permanent Mortgages

Program	Max Term	Rate	Points	APR* 20% Down	Caps	Margin	Monthly Payment per $1,000
Rates for loans less than or equal to $750,000
5/5 ARM	30 Years	6.375%	1	6.716%	2/6	2.75%	Yrs 1-5	$6.24
							Yrs 6-30	$7.45
7/3 ARM	30 Years	6.500%	1	6.730%	1/4	2.75%	Yrs 1-7	$6.32
							Yrs 8-30	$6.88
10/1 ARM	30 Years	6.625%	1	6.828%	1/4	2.75%	Yrs 1-10	$6.40
							Yrs 11-30	$6.92

Jumbo Rate Loans – loans greater than $750,000
5/5 ARM	30 Years	6.875%	1	7.260%	2/6	3.50%	Yrs 1-5	$6.57
							Yrs 6-30	$7.81
7/3 ARM	30 Years	7.000%	1	7.272%	1/4	3.50%	Yrs 1-7	$6.65
							Yrs 8-30	$7.23
10/1 ARM	30 Years	7.125%	1	7.313%	1/4	3.50%	Yrs 1-10	$6.74
							Yrs 11-30	$7.26

*APR=Annual Percentage Rate effective 12/18/2024. All Interest Rates and program guidelines may change without prior notice. ARM indices based on the weekly average yield U.S. Treasury Securities. Rate may increase after consummation on all Adjustable Rate Mortgages. All above APRs are composite APRs. ARM Composite APR includes prepaid finance charges such as points, $88.00 Tax Service Fee, $80.00 Hazard Tracking Fee, $600.00 Processing Fee, $14.50 Flood Certificate Fee, and $200.00 Employment/Income Verification Fee. All Interest Rates and program guidelines may change without prior notice. Other restrictions may apply. Please contact TSB for details.

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To find out how The Savings Bank can help you achieve all your financial goals, visit one of our offices, use our contact form, or call us at 800-246-2009.