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Save up to $240 with a Essex Savings Bank home equity line of credit1

Essex Savings Bank's rate for a $50,000 home equity line of credit beats the New Haven-Milford Metro average by up to 4% and is eligible for a Datatrac Great Rate Award and saving you as much as $1,061 over 3 years.

Datatrac Great Rate Award
Amount
Select Type
Essex Savings Bank - Home Equity - LOC 80% 7.50% APR2
New Haven-Milford Metro Market Average - Home Equity - LOC 80% 7.79% APR2

About Datatrac

Datatrac is an independent, unbiased research firm that has monitored deposit and loan rates, fees and product features for over 25 years on more than 318,832 financial institutions locations in America. Datatrac Great Rate Awards certify that deposit and loan rates outperform the market average for comparable products.  www.datatrac.net

  1. $240 is the difference between the amount paid in interest between Essex Savings Bank's rate at 7.50% APR compared to 7.79% APR for the New Haven-Milford Metro market average on a $50,000 home equity line of credit over 3 years.
  2. APR=Annual Percentage Rate. Datatrac’s comprehensive, unbiased research and analysis is updated each business day and is conducted independent of any financial institution.  There is no guarantee that you will receive the rates or terms displayed herein. Actual rates and terms are in the full discretion of the financial institution and are subject to your credit rating and other factors. Please contact Essex Savings Bank directly with any questions regarding their current rates and terms.