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Let me make it clear about Mortgage Products

Let me make it clear about Mortgage Products

No Bank Fees – Check the APR!

Kennebec Savings Bank is proud never to charge bank that is ANY on our biweekly and monthly fixed price mortgages. (Other third-party costs still use.)

Looking around? Ensure you are accurately comparing costs. The APR (annual percentage rate) often helps. The APR is needed to add fees that are certain banking institutions want to include for their loans.

At(207) 622-5801 and ask to speak to a lender if you have any questions, call us. We are constantly thrilled to help.

Mortgage Products

Biweekly Fixed Rate Loans
Monthly Fixed speed Loans
Adjustable Rate Loans
Construction Loans
First-Time Homebuyer & Veteran Loans
HomeAid low-cost Residence Loans
Seasonal Residence Loans
Mobile house or apartment with Land Loans
Land just Loans
Home Equity Loans
Home Equity personal lines of credit

Biweekly Fixed Rate Loans

Our signature home loan item. Half a month-to-month homeloan payment is taken immediately from your KSB bank account every fourteen days, leading to significant interest cost cost cost cost savings, using years from the life associated with the home loan.

These prices assume a 20per cent advance payment. Call us for any other choices.
Payment quantities try not to add fees and insurance coverage so that the payment that is actual will likely be greater.

Term Interest APR* 10 3.000 12 months% 3.000% With that loan quantity of $100,000, you will have 237 biweekly re re payments of $482.80 (spending off in mere 9 years and 2 months). 15 3.500 12 months% 3.500% With that loan level of $100,000, you could have 352 biweekly re re re payments of $357.44 (paying down in just 13 years and six months). Continue reading Let me make it clear about Mortgage Products