Personal Loans

We offer a full range of personal and consumer loans.  We invite you to check out our low rates on new and used automobile loans, unsecured loans, savings secured loans, overdraft protection loans, and more. 

We offer competitive rates on car and truck loans with low down payments.  If you need to build or reestablish credit, your SBW account or Certificate of Deposit can be used to secure a loan.

READY TO APPLY? Here is a general checklist of what you will need:

*Please note this list is not all-inclusive and additional information may be requested in order to complete your application.

  • Two recent paystubs for each applicant
  • Recent tax returns for self-employed applicants
  • Purchase and Sales agreement (if applicable)

OR

Click Here to Securely Send Files to Our Consumer Lending Team

Consumer Loans

We offer a full range of personal and consumer loans. We invite you to check out our low rates on new and used automobile loans, unsecured loans, savings secured loans, overdraft protection loans and more. It is easy to apply now.

We offer competitive interest rates on car and truck loans with low down payments. If you need to build or reestablish credit, your Savings Bank of Walpole savings account or certificate of deposit can be used to secure a loan.

Home Improvement

as of 3/20/2019 at 12:15 pm

Type Term Interest Rate APR* Monthly Payment per $1,000 Financed
Unsecured
(Maximum loan $15000)
60 years 8.29% 8.72% $20.42

APR (Annual Percentage Rate) is based on a $5,000 loan and includes a $50 processing fee.

New Automobile (First Time Titled)

as of 3/20/2019 at 12:15 pm

Term Interest Rate APR* Monthly Payment per $1,000 Financed
36 months 3.75% 4.42% $29.41
48 months 3.88% 4.39% $22.53
60 months 3.99% 4.40% $18.41

APR (Annual Percentage Rate) is based on a $5,000 loan and includes a $50 processing fee. Motorcycles 1% above listed vehicle rate based on age and term.

Used Automobile

as of 3/20/2019 at 12:15 pm

Type Term Interest Rate APR* Monthly Payment per $1,000 Financed
2017-2018 48 months 4.75% 5.26% $22.92
2017-2018 60 months 4.99% 5.40% $18.87
2013-2016 36 months 5.99% 6.67% $30.42
2013-2016 48 months 6.49% 7.01% $23.71
2012 & Older 36 months 8.99% 9.68% $31.80

Loan amount contingent on NADA vehicle value. APR (Annual Percentage Rate) is based on a $5,000 loan and includes a $50 processing fee. Motorcycles 1% above listed vehicle rate based on age and term.

Personal

as of 3/20/2019 at 12:15 pm

Type Term Rate APR* Monthly Payment per $1,000 Financed
Secured - CD See retail banker for details
Secured - Savings See retail banker for details
Unsecured 12 months 9.99% 12.86% $87.91
Unsecured 24 months 9.99% 11.51% $46.14
Unsecured 36 months 9.99% 11.03% $32.26

Secured loan value up to 95% of available funds. APR (Annual Percentage Rate) is based on a $5,000 loan and includes a $50 processing fee.

For longer term unsecured loans please see a Retail Banker (term not to exceed 60 months).

Consumer Goods** & Equipment

as of 3/20/2019 at 12:15 pm

Type Term Interest Rate APR* Monthly Payment per $1,000 Financed
New 24 months 7.44% 8.44% $44.97
New 36 months 7.74% 8.42% $31.22
New 48 months 7.94% 8.46% $24.38
Used 24 months 8.44% 9.44% $45.43
Used 36 months 8.74% 9.43% $31.68
Used 48 months 8.94% 9.47% $24.86

**Consumer Goods include recreation vehicles such as ATV, boat, snowmobile and other vehicles not titled through Department of Motor Vehicles. APR (Annual Percentage Rate) is based on a $5,000 loan and includes a $50 processing fee.

Annual Percentage Rate (APR)* is subject to change without notice.


Overdraft Protection Line of Credit

Our Overdraft Protection Line of Credit is attached to your Savings Bank of Walpole checking account and advances funds to your account if an overdraft occurs.

Overdraft Protection Rates

as of 3/20/2019 at 12:15 pm

APR* Monthly Payment
16.00% The greater of $10.00 or accrued finance charges plus 4.25% of principal outstanding balance.

*Annual Percentage Rate