Spencer Savings Bank

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Home Equity Loan

Rates as of Tuesday, September 7, 2010

Product Description Annual Percentage Rate Payment per $1,000 Apply
Home Equity Fixed Rate
Up to 60 months
(60 month payment shown)  
5.950% $19.31
6 to 10 Years
(120 month payment shown)  
6.450% $11.33
11 to 15 Years
(180 month payment shown)  
6.950% $8.96
16 to 20 Years
(240 month payment shown)  
7.450% $8.03

Rate quoted is for owner occupied property, 1-4 family residences only.
Maximum LTV 80%. Property insurance is required. Payments shown are based on a 60 month, 120 month, 180 month and a 240 month draw period respectively.