Small in Size Big on Service

Welcome to Freehold Savings Bank website.  To those of you who have made us a part of your family, we thank you for your trust and support.  If you are visiting for the first time, welcome to our bank.  We understand the value of keeping good relationships. Our commitment to the community runs deep. Explore our site weekly for upcoming specials, products and developments. We're looking forward to being of service to you.  

Please call us with any questions and we will be happy to assist you. 732-462-6700 

rates

Mortgage | Home Equity Loans | Home Equity Line of Credit | Standard CD and IRA | Checking & Savings 

Effective as of:  APRIL 18, 2014

Mortgage Rates  Conventional Purchase and Refinance  Application fee $425.00
Product TypePointsInterest
Rates
Annual Percentage
Rates (APR)
10 Year 20% Down (Payment is $9.65 per $1,000) 0 2.99% 3.05%
15 Year 20% Down (Payment is $7.03 per $1,000) 0 3.25% 3.29%
20 Year 20% Down (Payment is $6.06 per $1,000) 0

3.99%

4.04%
30 Year 20% Down (Payment is $4.99 per $1,000) 0 4.375% 4.40%
*30 Year First Time Buyer (Payment is $4.99 per $1,000) 0 4.375% 4.40%

All rates are applicable to loans up to 80% Loan-to-Value. The home securing the loan must be the applicant's 1-4 family owner-occupied residence, town home or condominium located in Monmouth County or Ocean County. Payments noted above do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation will be greater.  Other conditions may apply.  Please call for details.  Rates are subject to change without notice.

*First Time Buyer Application fee of $425.00 is refunded at closing.   

 JUMBO Mortgage Rates are available. Please call for the current rate.

Home Equity Loans FIRST LIEN POSITION
Rate TermInterest
Rate
Annual Percentage
Rate (APR)
5 Year (Payment is $17.96 per $1,000) 2.99% 3.11%
10 Year (Payment is $9.88 per $1,000)  3.49% 3.55%
15 Year (Payment is $7.27 per $1,000) 3.75% 3.79%
20 Year (Payment is $6.74 per $1,000) 5.250% 5.29%

Interest rate and APR includes a 1/4% rate reduction for automatic payments transferred from a savings or checking account held at Freehold Savings Bank and is applicable to loans up to 80% Loan-to-Value. Loan must be in first lien position or Freehold Savings Bank has the first mortgage.  The home securing the loan must be the applicant's 1-4 family owner-occupied residence, town home or condominium located in Monmouth County or Ocean County.  Payments noted above do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation will be greater.  Other conditions may apply.  Please call for details. Rates are subject to change without notice.

APPLICATION FEE $300.00

 

Home Equity Loans SECOND LIEN POSITION
Rate TermInterest
Rate
Annual Percentage
Rate (APR)
5 Year (Payment is $18.19 per $1,000) 3.50% 3.62%
10 Year (Payment is $10.12 per $1,000) 4.00% 4.06%
15 Year (Payment is $7.52 per $1,000)  4.25% 4.30%
     

Interest rate and APR includes a 1/4% rate reduction for automatice payments transferred from a savings or checking account held at Freehold Savings Bank and is applicable to loans up to 70% of Loan-to-Value, if Freehold Savings Bank does not have the first lien. The home securing the loan must be the applicant's 1-4 family owner-occupied residence, town house or condominium located in Monmouth County or Ocean County.  Other conditions may apply.  Please call for details. Rates are subject to change without notice.

APPLICATION FEE $300.00

Home Equity Line of Credit 
Rate Term

Please call for details and specials.  732.462.6700

 

Standard CD and IRA Rates 
Certificate of Deposit
(CD) Description
Minimum Deposit to
Open Account
Interest
Rate
Annual Percentage
Yield (APY)
91 Day CD $500.00 0.249% 0.25%
6 Months CD $500.00 0.299% 0.30%
8 Months CD $500.00 0.399% 0.40%
1 Year CD $500.00 0.498% 0.50%
13 Month CD $500.00 0.548% 0.55%
15 Months CD $500.00 0.598% 0.60%
18 Months CD $500.00 0.598% 0.60%
24 Months CD $500.00 0.846% 0.85%
30 Months CD $500.00 0.895% 0.90%
4 Year CD $500.00 1.192% 1.20%
5 Year CD $500.00 1.390% 1.40%

Minimum deposit required to obtain the annual percentage yield. Interest is compounded daily and credited monthly. Rates subject to change without notice. A penalty may be imposed for premature withdrawal. Fees may reduce earnings on accounts.

Checking & Savings Rates  
ProductMinimum Deposit to
Open Account
Interest
|Rate
Annual Percentage
Yield (APY)
Passbook Savings $10 0.149% 0.15%
Statement Savings $10 0.149% 0.15%
NOW Checking $100 0.100% 0.10%
Business Checking $1 0% 0%
NJ ConsumerChecking $50 0% 0%
       
MMDA $1,000-$24,999 $1,000 0.249% 0.25%
MMDA $25,000-$99,999 $1,000 0.249% 0.25%
MMDA $100,000 Plus $1,000 0.249% 0.25%

Minimum opening deposit and minimum balance to earn annual percentage yield. Rates subject to change without notice. Fees may reduce earnings on accounts.

Interest rates and APYs on checking and savings accounts are variable and are subject to change at managements' discretion.