Rates

Discover the power of Maine Community Bank.
Get the benefits of more lending power, competitive rates, and local decisions,

Bank with Confidence.

Rates effective November, 27, 2020 and are subject to change.

Personal

Business

CDs & IRAs

Loans

Home Equity

Home Equity

Term Rate Change Frequency Rate Annual Percentage Rate
(APR)
Home Equity Line of Credit (HELOC)25 Years¹Adjustable3.250%3.250%²
Home Equity Loan10 YearsFixed4.000%4.424%3
Home Equity Loan15 YearsFixed4.250%4.546%4
Term
Home Equity Line of Credit (HELOC)25 Years¹
Home Equity Loan10 Years
Home Equity Loan15 Years
Rate Change Frequency
Home Equity Line of Credit (HELOC)Adjustable
Home Equity LoanFixed
Home Equity LoanFixed
Rate
Home Equity Line of Credit (HELOC)3.250%
Home Equity Loan4.000%
Home Equity Loan4.250%
Annual Percentage Rate
(APR)
Home Equity Line of Credit (HELOC)3.250%²
Home Equity Loan4.424%3
Home Equity Loan4.546%4

1Interest only during draw period. Draw period of 10 years. At the end of the draw period, repayment is scheduled over 180 months. APR adjusts monthly based on the prime rate published in the Wall Street Journal plus a margin. Closing costs generally range from $0 to $1,000 but may be higher under extenuating situations. Flood and/or property insurance is required.
2Maximum APR is 18.00%.
33Example of a typical Home Equity Loan: 120 monthly payments of $101.25 based on a $10,000 loan, at 4.000% which equals to $10.13 per thousand. Your payment will vary due to amount and interest rate. Fees may apply.
44Example of a typical Home Equity Loan: 180 monthly payments of $75.23 based on a $10,000 loan, at 4.250% which equals to $7.52 per thousand. Your payment will vary due to amount and interest rate. Fees may apply.