Whether buying or refinancing, you will find the great rates and flexible terms you are looking for right here at East Cambridge Savings Bank. Please note that additional rates and terms may be available. Call our toll-free number at 1.866.354.3272, or local number at 617.354.7700 for details.

Adjustable Rate Mortgages (ARMs)* (Effective: Thursday, March 11, 2010)
Program	Term	Interest Rate	Points	APR	Monthly Payments per $1000 borrowed
3/1 ARM (Caps: 2% annual, 6% lifetime Payments shown do not include taxes or insurance. Your payments may be greater.)	30 years	4.500%	0	3.437%	months  1   to  36   $5.07
		3.125%			months  37   to  360   $4.28
5/1 ARM (Caps: 2% annual, 6% lifetime Payments shown do not include taxes or insurance. Your payments may be greater.)	30 years	4.750%	0	3.711%	months  1   to  60   $5.22
	30 years	3.125%	0		months  61   to  360   $4.28
7/1 ARM (Caps: 2% annual, 6% lifetime Payments shown do not include taxes or insurance. Your payments may be greater.)	30 years	4.990%	0	4.022%	months  1   to  84   $5.36
		3.125%			months  85   to  360   $4.28
10/1 ARM (interest only) (Caps: 2% annual, 6% lifetime Payments shown do not include taxes or insurance. Your payments may be greater.)	30 years	6.375%	0	5.211%	months  1   to  120   $5.31
		4.375%			months  121   to  132   $6.26
		3.125%			months  133   to  360   $4.28
*Annual Percentage Rate (APR) subject to change without notice. Owner-occupied Massachusetts properties (1-4 family) only. Downpayment of less than 20% (including condominiums) requires mortgage insurance. APRs are based on a 20% downpayment. Index: Current 1 Year Treasury Security = .36%. Margin = 2.75%. These loans have a 30-year term and an adjustable rate feature. Initial rate is fixed for the initial period and then one-year adjustable thereafter. Hazard insurance is required.

Conforming Fixed Rate Mortgages* (Effective: Thursday, March 11, 2010)
Program	Term	Interest Rate	Points	APR	Monthly Payments per $1000 borrowed
30 Year Fixed Rate Mortgage (Payments shown do not include taxes or insurance. Your payments may be greater.)	360 months	4.875%	2	5.064%	$5.29
	360 months	5.125%	1	5.227%	$5.44
	360 months	5.375%	0	5.387%	$5.60
15 Year Fixed Rate Mortgage (Payments shown do not include taxes or insurance. Your payments may be greater.)	180 months	4.625%	1	4.797%	$7.71
	180 months	4.875%	0	4.896%	$7.84
10 Year Fixed Rate Mortgage (Payments shown do not include taxes or insurance. Your payments may be greater.)	120 months	4.500%	1	4.746%	$10.36
	120 months	4.750%	0	4.780%	$10.48
*Annual Percentage Rate (APR) subject to change without notice. Owner-occupied Massachusetts properties (1-4 family) only. Downpayment of less than 20% (including condominiums) requires mortgage insurance. APRs are based on a 20% downpayment. Hazard Insurance is required. Please contact our Customer Service Department for Jumbo Mortgage Rates.

Conforming Fixed Rate Mortgages - Service Released* (Effective: Thursday, March 11, 2010)
Program	Term	Interest Rate	Points	APR	Monthly Payments per $1000 borrowed
30 Year Fixed Rate Mortgage (Payments shown do not include taxes or insurance. Your payments may be greater.)	360 months	4.625%	2	4.816%	$5.14
	360 months	4.750%	1	4.854%	$5.22
	360 months	4.875%	0	4.891%	$5.29
15 Years Fixed Rate Mortgage (Payments shown do not include taxes or insurance. Your payments may be greater.)	180 months		1	0.000%
	180 months	4.250%	0	4.278%	$7.52
*Annual Percentage Rate (APR) subject to change without notice. Rates are based on the following: a Loan to Value of 80% or less; owner-occupied single-family properties located in Massachusetts; purchase or rate/term refinance; credit score of at least 740 and escrow of tax and hazard insurance. Loan servicing will be transferred to another Lender. Hazard Insurance is required. Subject to credit approval. Please contact our Customer Service Department for other product and rate information.

First Time Home Buyer Programs* (Effective: Thursday, March 11, 2010)
Program	Term	Interest Rate	Points	APR	Monthly Payments per $1000 borrowed
FTHB 5/1 ARM (Caps: 2% annual, 6% lifetime Payments shown do not include taxes or insurance. Your payments may be greater.)	30 years	4.500%	0	3.620%	months  1   to  60   $5.07
		3.125%			months  61   to  360   $4.28
FTHB 7/1 ARM (Caps: 2% annual, 6% lifetime Payments shown do not include taxes or insurance. Your payments may be greater.)	30 years	4.750%	0	3.904%	months  1   to  84   $5.52
		3.125%			months  85   to  96   $4.28
*Annual Percentage Rate (APR) subject to change without notice. Owner-occupied Massachusetts properties (1-4 family) only. Downpayment of less than 20% (including condominiums) requires mortgage insurance. APRs are based on a 20% downpayment. Index: Current 1 Year Treasury Security .36%. Margin = 2.75%. These loans have a 30-year term and an adjustable rate feature. Initial rate is fixed for the initial period and then one-year adjustable thereafter. Hazard Insurance is required. FTHB is a borrower who has not had homeownership during the past 18 months.

Additional rates and terms available
All loans are subject to credit approval.
All rates are subject to change.