Current rates as of February 3, 2025
| Product | Min Loan Term (Months) | Max Loan Term (Months) | Min Loan Amount | Max Loan Amount | Annual Percentage Rate | Payment Per $1,000* |
|---|---|---|---|---|---|---|
| Personal Term Loan | 12 | 36 | $2,000 | $25,000 | As Low As 12.00% | $33.22 |
| New Vehicle (< 1 Year) | 24 | 60 | $5,000 | $75,000 | As Low As 9.99% | $21.25 |
| Used Vehicle (1-8 Years Maximum) | 24 | 60 | $2,500 | $50,000 | As Low As 10.99% | $21.74 |
| Overdraft Line of Credit | - | - | $1,000 | $25,000 | 15.99% | N/A |
Rates shown above are reflective of our highest credit standards and does not represent a guaranteed rate. Your actual APR may differ based on your credit score and approved loan amount. You may be eligible for a rate discount if you elect to make automatic payments from your Needham Bank personal checking account.
Please note that Personal Term Loans and Auto Loans are only available to residents of Massachusetts.
*Payment per $1,000 is based on a $10,000 loan for the maximum term and the lowest APR available.