Home Equity
Borrow money using the value of your home as collateral. It provides funds for expenses, like renovations or debt, with fixed payments over time. Lending in Massachusetts, Rhode Island, and New Hampshire.
Home Equity Loan
A fully amortizing fixed-rate second mortgage with various terms. Pay off your home equity loan in monthly installments, with the same payments for the term of the loan.
Top Features:
- Borrow from $20,000 to $300,000
- Fixed monthly payments for the term of the loan
- Competitive rates
15-Year Fixed Home Equity Loan Special
Effective as of 07/07/2026
| Term | Program | Interest Rate | APR1 | Points | Monthly Payments per $1000 Borrowed |
|---|---|---|---|---|---|
| 15 Years | Fixed Rate Home Equity | 6.990% | 7.071% | 0.50% | $8.98 |
Home Equity Loan Rates
Effective as of 07/07/2026
| Term | Program | APR2 | Monthly Payments per $1000 Borrowed |
|---|---|---|---|
| 5 Years | Fixed Rate Home Equity Loan | 7.000% | $19.80 |
| 6 – 10 Years | Fixed Rate Home Equity Loan | 7.125% | $17.11 |
| 11 – 15 Years | Fixed Rate Home Equity Loan | 7.375% | $11.08 |
| 16 – 20 Years | Fixed Rate Home Equity Loan | 7.750% | $9.10 |
Home Equity Line of Credit
A revolving line of credit that lets you borrow, repay, and re-borrow. We set the line amount based on the equity in your property and your qualifications as a borrower. Rates adjust on a monthly basis.
Top Features:
- Revolving line of credit, ranging from $20,000 to $300,000
- Interest-only payments for the first 10 years
- No minimum draw at closing
- Competitive rates
Home Equity Line of Credit Rates
Effective as of 07/07/2026
| Program | APR3 |
|---|---|
| Prime minus 0.50% for the life of the line with automatic monthly payments from a Bluestone Bank checking account (Line Amounts from $20,000 to $300,000.) | 6.25% |
| Prime minus 0.25% for the life of the line (no automatic payments) (Line Amounts from $20,000 to $300,000.) | 6.50% |
1APR = Annual Percentage Rate. Loan amounts from $20,000 – $300,000 for 1-4 family primary residences within Massachusetts, New Hampshire, and Rhode Island. Bluestone Bank will waive fees to obtain a Home Equity loan. Fees to be waived include automated valuation (AVM) fee, credit report fee, flood zone determination fee, and legal fees. Appraisal fee, if required, is payable in advance by applicant. Points paid at closing. 80% combined loan-to-value ratio up to $200,000 for 1-family residences and condominiums. Lower loan-to-value ratio applies to all other transaction & property types. Rates shown assume monthly payments are made via automatic payment from a Bluestone Bank checking or statement savings account. Add 0.25% to rate if automatic payment is not desired. All home equity products require proof of adequate property insurance. Subject to credit approval. Limited time offer.
2APR = Annual Percentage Rate. Loan amounts from $20,000 – $300,000 for 1-4 family primary residences within Massachusetts, New Hampshire, and Rhode Island. Bluestone Bank will waive fees to obtain a Home Equity loan. Fees to be waived include automated valuation (AVM) fee, credit report fee, flood zone determination fee, and legal fees. Appraisal fee, if required, is payable in advance by applicant. 80% combined loan-to-value ratio up to $200,000 for 1-family residences and condominiums. Lower loan-to-value ratio applies to all other transaction & property types. Monthly payment example based on minimum term. Rates shown assume monthly payments are made via automatic payment from a Bluestone Bank checking or statement savings account. Add 0.25% to rate if automatic payment is not desired. All home equity products require proof of adequate property insurance. Subject to credit approval.
3Annual Percentage Rate (APR) based on the Prime Rate as published in The Wall Street Journal on the last business day of the billing cycle. This rate may increase or decrease monthly. As of December 11, 2025, the Prime Rate is 6.75%. The maximum APR is 18.00% and the minimum Floor Rate is 4.50% during the life of the line of credit. Line amounts from $20,000 to $300,000 for 1-2 family primary residences within Massachusetts, Rhode Island, and New Hampshire. Bluestone Bank will waive fees to obtain a Home Equity product. Fees to be waived include automated valuation (AVM) fee on single family homes, credit report fee, flood zone determination fee, and legal fees. Appraisal fee, if required, is payable in advance by applicant. There is a $50 annual fee. There is a $400 early termination fee if the line is terminated within 36 months after the Agreement is signed. 80% combined loan-to-value ratio up to $200,000 for 1-family residences and condominiums. Lower loan-to-value ratio for all other transaction & property types. All home equity products require proof of adequate property insurance. Subject to credit approval. Rates subject to change.
Your Loan Officers
Meet the lending experts who are always ready to help you secure the loan or line of credit you need and explain the differences while they’re at it. Need to meet outside regular banking hours? You got it. We’re local and focused on making things convenient for you.
