Home Equity

At Stoughton Co-Operative Bank there’s a better way to pay for life’s expenses

Home improvements. College expenses. Medical bills. Need a way to pay for life’s expenses? We’ve got one smart and flexible borrowing solution to make it possible. Click here to Apply Online.

Better Home Equity Line
At Stoughton’s Hometown Bank you can get the flexibility to access money when you need it using provided checks, as well as the freedom to lock in a fixed rate on portions of your line to make budgeting easier. You have the flexibility to convert your line into as many as five separate loans, giving you the predictability of fixed rates and fixed monthly payments. With Online Banking you can make payments from any Stoughton Co-Operative Bank checking account.

Better Home Equity Line

ProgramTerm APR*
Better Home Equity Line
(1-4 Family Owner Occupied Properties)
Fixed for 12 months2.99%
Variable Rate based on Prime minus one half of a percent thereafter5.00%
Better Equity
Fixed Rate Options
Term Payment per $1,000APR*
5 Years$18.303.99%
10 Years$10.364.75%
15 Years$7.915.25%
Variable APR (Annual Percentage Rate) based on the Wall Street Journal Prime Rate published on the last business day of the month. 5.500% as of 12/20/2018. Prime less 0.50% subject to minimum APR of 3.00%. Rates are subject to change. 2.99% APR in effect for the first 12 months following account set up; afterwards a minimum APR of 3.00% will apply. Maximum APR 18.00%. The interest rate may change after consummation. $50.00 annual fee. $500 early termination fee. Interest plus ½ % principal payments for initial 10 years, with additional 10 year payback of P&I. Maximum LTV 80%, rate and terms may vary based upon property type, property value, loan amount, loan to value ratio, credit history, lien position and income. Not available for homes currently for sale or intended to be sold. 1-4 family, owner occupied residences, condominiums and 2nd/vacation properties qualify. Property insurance required. Flood insurance may be required. Consult a tax advisor for information regarding the deductibility of interest and charges. All loans subject to credit approval and underwriting approval. Certain fees & restrictions may apply.


See how far your hometown bank will go for you.
To learn more about how Stoughton Co-Operative Bank can help you succeed, call 781-344-3080, stop by one of our locations, or use our contact form.

All loans subject to credit approval.



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