Rates

 **Payment examples do not include escrow of taxes and insurance; therefore, the actual monthly payment obligation may be greater. 

The following applies to mortgage products listed above:

*APR is based on a set of assumptions, which include the following:

1. A loan amount of $250,000
2. A down payment of 20%
3. A 1-4 family residential dwelling
4. A property intended to be utilized as a primary place of residence or second home
5. Points and fees apply and very based on product

**Payment examples do not include escrow of taxes and insurance; therefore, the actual monthly payment obligation may be greater. 

Please contact our mortgage experts about our:

1. First-time Homebuyer rates
2. Other term options
3. Jumbo rates for loan amounts greater than $766,550
4. 1-4 family residential investment properties
5. Other rate and point options

Actual rate may vary based on property type, occupancy, term, and geography.

The interest rate of the product for which you apply will not increase after consummation.

Combined Loan to Value (CLTV) up to 97% are available for certain mortgage products, property types, and loan amounts.

Hazard Insurance (flood insurance, if applicable) is required.

This is not a commitment to lend; all loans are subject to credit approval and other criteria.

Rates are subject to change without notice.

**Payment Example (10-Year/6-Month Adjustable Rate): A loan amount of $250,000 with an interest rate of 5.875% and an APR of 6.714% will have a monthly payment of $1,478.84 for years 1-10. For years 11-30, payments may change once every 6 months based on any decrease or increase in the Secured Overnight Financing Rate (SOFR) index as outlined in your agreement. Your monthly payment during years 11-30 can range from $1,156.40 to $2,134.53 due to this factor.  Taxes and insurance are not included; therefore, the actual payment obligation will be greater.

The following applies to the mortgage product listed above:

*APR is based on a set of assumptions, which include the following:

1. A loan amount of $250,000
2. A down payment of 20%
3. A rate floor of 3.000%
4. A margin of 3.000% and lifetime rate cap of 5.000% (This means the rate will not increase by more than 5.000% over the life of the loan)
5. A 1-4 family Residential Dwelling
6. A property intended to be utilized as a primary place of residence or second home
7. Points and fees apply

Please contact one of our mortgage experts about our:

1. First-Time Homebuyer rates
2. Other term options
3. Jumbo rates for loan amounts greater than $766,550
4. 1-4 Family Residential Investment Property rates
5. Other rate and point options

Actual rate may vary based on property type, occupancy, term, and geography. 

Rates advertised are a variable rate and may change every 6 months after the initial 10-year fixed period. The interest rate will be determined by adding the index to the margin. 

Combined Loan to Value (CLTV) up to 95% are available for certain mortgage products, property types and loan amounts.

Hazard Insurance (flood insurance, if applicable) is required.

This is not a commitment to lend; all loans are subject to credit approval and other criteria.

Rates are subject to change without notice.

**Payment examples do not include escrow of taxes and insurance; therefore, the actual monthly payment obligation may be greater.

The following applies to mortgage products listed above:

*APR is based on a set of assumptions, which include the following:

1. Cash-out refinance
2. A loan amount of $250,000
3. A combined loan to value of 80%
4. A 1-4 family Residential Dwelling
5. A property intended to be utilized as a primary place of residence or second home
6. Points and fees apply and very based on product

Please contact one of our mortgage experts about our:

1. Jumbo rates for loan amounts greater than $766,550
2. Other term options
3. 1-4 Family Residential Investment Properties
4. Other rate and point options

Actual rate may vary based on the property type, occupancy, term, and geography.

The interest rate of the product for which you apply will not increase after consummation.

Combined Loan to Value (CLTV) up to 97% are available for certain mortgage products, property types and loan amounts.

Hazard Insurance (flood insurance, if applicable) is required.

This is not a commitment to lend; all loans are subject to credit approval and other criteria.

Rates are subject to change without notice.

**Payment Example (10-Year/6-Month Adjustable Rate): A loan amount of $250,000 with an interest rate of 6.000% and an APR of 6.797% will have a monthly payment of $1,498.88 for years 1-10. For years 11-30, interest rate and payments may change once every 6 months based on any decrease or increase in the Secured Overnight Financing Rate (SOFR) index as outlined in your agreement. Your monthly payment during years 11-30 can range from $1,160.29 to $2,159.48 due to this factor. Taxes and insurance are not included; therefore, the actual payment obligation will be greater.

The following applies to the mortgage products listed above:

*APR is based on a set of assumptions, which include the following:

1. Cash-out refinance
2. A loan amount of $250,000
3. A combined loan to value of 80%
4. A rate floor of 3.000%
5. A margin of 3.000% and lifetime rate cap of 5.000% (This means the rate will not increase by more than 5.000% over the life of the loan)
6. A 1-4 family Residential Dwelling
7. A property intended to be utilized as a primary place of residence or second home
8. Points and fees apply

Please contact one of our mortgage experts about our:

1. Jumbo rates for loan amounts greater than $766,550
2. Other term options
3. 1-4 Family Residential Investment Property rates
4. Other rate and point options

Actual rate may vary based on property type, occupancy, term, and geography. 

Rates advertised are a variable rate and may change every 6 months after the initial 10-year fixed period. The interest rate will be determined by adding the index to the margin. 

Loan to Value (LTV) up to 80% are available for certain mortgage products, property types, and loan amounts.

Hazard Insurance (flood insurance, if applicable) is required.

This is not a commitment to lend; all loans are subject to credit approval and other criteria.

Rates are subject to change without notice.

**Payment examples do not include escrow of taxes and insurance; therefore, the actual monthly payment obligation may be greater.

The following applies to mortgage products listed above:

*APR is based on a set of assumptions, which include the following:

1. A no cash-out refinance
2. A loan amount of $250,000
3. A combined loan to value of 80%
4. A 1-4 family Residential Dwelling
5. A property intended to be utilized as a primary place of residence or second home
6. Point and fees apply and very based on product

Please contact one of our mortgage experts about our:

1. Jumbo rates for loan amount of greater than $766,550
2. Other term options
3. 1-4 Family Residential Investment Properties
4. Other rate and point options

Actual rate may vary based on the property type, occupancy, term, and geography.

The interest rate of the product for which you apply will not increase after consummation.

Combined Loan to Value (CLTV) up to 97% are available for certain mortgage products, property types and loan amounts.

Hazard Insurance (flood insurance, if applicable) is required.

 This is not a commitment to lend; all loans are subject to credit approval and other criteria.

 Rates are subject to change without notice.

 **Payment Example (10-Year/6-Month Adjustable Rate): A loan amount of $250,000 with an interest rate of 5.875% and an APR of 6.674% will have a monthly payment of $1,478.84 for years 1-10. For years 11-30, interest rate and payments may change once every 6 months based on any decrease or increase in the Secured Overnight Financing Rate (SOFR) index as outlined in your agreement. Your monthly payment during years 11-30 can range from $1,156.40 to $2,134.53 due to this factor.  Taxes and insurance are not included; therefore, the actual payment obligation will be greater.

The following applies to the mortgage product listed above:

*APR is based on a set of assumptions, which include the following:

1. A no-cash-out refinance
2. A loan amount of $250,000
3. A combined loan to value of 80%
4. A rate floor of 3.000%
5. A margin of 3.000% and lifetime rate cap of 5.000% (This means the rate will not increase by more than 5.000% over the life of the loan)
6. A 1-4 family Residential Dwelling
7. A property intended to be utilized as a primary place of residence or second home
8. Points and fees apply

Please contact one of our mortgage experts about our:

1. Jumbo rates for loan amounts greater than $766,550
2. Other term options
3. 1-4 Family Residential Investment Property rates
4. Other rate and point options

Actual rate may vary based on property type, occupancy, term, and geography. 

Rates advertised are a variable rate and may change every 6 months after the initial 10-year fixed period. The interest rate will be determined by adding the index to the margin. 

Loan to Value (LTV) up to 95% are available for certain mortgage products, property types, and loan amounts.

Hazard Insurance (flood insurance, if applicable) is required.

This is not a commitment to lend; all loans are subject to credit approval and other criteria.

Rates are subject to change without notice.

**Payment examples do not include escrow of taxes and insurance; therefore, the actual monthly payment obligation may be greater.

The following applies to mortgage products listed above:

*APR is based on a set of assumptions, which include the following:

1. A loan amount of $250,000
2. A loan to value of 80% of the cost to construct and purchase price of land
3. A 1-4 family Residential Dwelling
4. A property intended to be constructed as your primary place of residence or second home
5. Points and fees apply and very based on product

Please contact one of our mortgage experts about our:

1. First time Homebuyer Rates
2. Jumbo rates for loan amounts greater than $766,550
3. 1-4 Family Residential Investment Properties
4. Other rate and point options

Actual rate may vary based on property type, occupancy, term, and geography. 

The interest rate of the product for which you apply will not increase after consummation.

Combined Loan to Value (CLTV) up to 90% are available for certain mortgage products, property types and loan amounts.  

Hazard Insurance (flood insurance, if applicable) is required.

This is not a commitment to lend; all loans are subject to credit approval and other criteria.

Rates are subject to change without notice.

**Payment Example (10-Year/6-Month Adjustable Rate): A loan amount of $250,000 with an interest rate of 5.875% and an APR of 7.032% will have a monthly interest only payment up to $1,223.96 for year 1 followed by a monthly payment of $1,478.84 for years 2-11. For years 12-31, interest rate and payments may change once every 6 months based on any decrease or increase in the Secured Overnight Financing Rate (SOFR) index as outlined in your agreement.  Your monthly payment during years 12-31 can range from $1,1478.84 to $2,234.53 due to this factor.  Taxes and insurance are not included; therefore, the actual payment obligation may be greater.

The following applies to mortgage products listed above:

*APR is based on a set of assumptions, which include the following:

1. A loan amount of $250,000
2. A loan to value of 80% of the cost to construct and purchase price of land
3. A rate floor of 3.000%
4. A margin of 3.000% and lifetime rate cap of 5.000% (This means the rate will not increase by more than 5.000% over the life of the loan)
5. A 1-4 family Residential Dwelling
6. A property intended to be constructed as your primary place of residence or second home
7. Points and fees apply

Please contact one of our mortgage experts about our:

1. First Time Homebuyer rates
2. Jumbo rates for loan amounts greater than $766,550
3. 1-4 Family Residential Investment Property rates
4. Other rate and point options

Actual rate may vary based on property type, occupancy, term, and geography. 

Rates advertised are a variable rate and may change every 6 months after the initial 10-year fixed period. The interest rate will be determined by adding the index to the margin. 

Combined Loan to Value (CLTV) up to 90% are available for certain property types and loan amounts.

Hazard Insurance (flood insurance, if applicable) is required.

This is not a commitment to lend; all loans are subject to credit approval and other criteria.

Rates are subject to change without notice.

The following applies to mortgage products listed above:

*APR is based on a set of assumptions, which include the following:

1. A loan amount of $250,000
2. A loan to value of 80% of the cost to construct and purchase price of land
3. A 1-4 family residential dwelling
4. Other term options
5. A property intended to be constructed as your primary place of residence or second home
6. Points and fees apply and very based on product

**Payment examples do not include escrow of taxes and insurance; therefore, the actual monthly payment obligation may be greater. 

Please contact one of our mortgage experts about our:

1. First-time Homebuyer rates
2. Jumbo rates for loan amounts greater than $766,550
3. 1-4 family residential investment properties
4. Other rate and point options

Actual rate may vary based on property type, occupancy, term, and geography.

The interest rate of the product for which you apply will not increase after consummation.

Combined Loans to Value (CLTV) up to 80% are available for certain mortgage products, property types, and loan amounts.

Hazard Insurance (flood insurance, if applicable) is required.

This is not a commitment to lend; all loans are subject to credit approval and other criteria.

Rates are subject to change without notice.

**Payment Example (10-Year/6-Month Adjustable Rate): A loan amount of $250,000 with an interest rate of 5.875% and an APR of 6.673% will have a monthly payment of $1,478.84 for years 1-10. For years 11-30, interest rate and payments may change once every 6 months based on any decrease or increase in the Secured Overnight Financing Rate (SOFR) index as outlined in your agreement.  Your monthly payment during years 11-30 can range from $1,156.40 to $2,134.53 due to this factor.  Taxes and insurance are not included; therefore, the actual payment obligation will be greater.

The following applies to the mortgage product listed above:

*APR is based on a set of assumptions, which include the following:

1. A loan amount of $250,000
2. A loan to value of 80% of the cost to construct and purchase price of land
3. A rate floor of 3.000%
4. A margin of 3.000% and lifetime rate cap of 5.000% (This means the rate will not increase by more than 5.000% over the life of the loan)
5. A 1-4 family Residential Dwelling
6. A property intended to be constructed as your primary place of residence or second home
7. Points and fees apply

Please contact one of our mortgage experts about our:

1. First Time Homebuyer rates
2. Other term options
3. Jumbo rates for loan amounts greater than $766,550
4. 1-4 Family Residential Investment Property rates
5. Other rate and point options

Actual rate may vary based on property type, occupancy, term, and geography. 

Rates advertised are a variable rate and may change every 6 months after the initial 10-year fixed period. The interest rate will be determined by adding the index to the margin. 

Combined Loan to Value (CLTV) up to 80% are available for certain mortgage products, property types and loan amounts.

Hazard Insurance (flood insurance, if applicable) is required.

This is not a commitment to lend; all loans are subject to credit approval and other criteria.

Rates are subject to change without notice.

*The annual percentage rate is variable and will be based on the value of an index and adding a margin of 0.00 to the value of the index. The index is the most recently published Prime Rate as of each day in the “Money Rates” table in The Wall Street Journal. (If more than one index value is published, we will use the highest published index value). 

**This means you will pay $6.37 in interest over a 30-day period for every $1000 of your line of credit drawn on during the interest only draw period if the APR of 7.750% does not change during that time.  

For financing of Single-Family Residential Dwellings with loan amounts between $10,000-$400,000 and the property is used as your primary residence or second home:

• Windsor Federal Bank will pay the Appraisal Fee, Credit Report Fee, Flood Certificate Fee, Appraisal Review Fee, Title Search Fee, and Recording Fee estimated to be between $404.15 – $524.15

For financing of 2-4 Family Residential Dwellings with loan amounts between $10,000-$400,000 and the property is used as your primary residence or second home:

• Windsor Federal Bank will pay the Credit Report Fee, Flood Certificate Fee, Title Search Fee, and Recording Fee estimated to be between $252.15 – $372.15
• You will be responsible to pay for the Appraisal Fee and Appraisal Review Fee after providing your intent to proceed with the application and prior to ordering these services estimated to be $785.00

For financing of 1-4 Family Residential Dwellings with loan amounts between $400,000 and $766,550 you are responsible to pay all closing cost estimated to be between $3,575.15 – $4,047.65

The following terms and conditions apply: 

• For line of credit amounts greater than $766,550 please contact us at 860.688.8511 or visit a local branch and ask to speak with one of our mortgage experts for APR and qualifications.
• Maximum Combined Loan-To-Value 80% of subject property’s appraised value.
• The loan in which you apply for must be in either lien position 1 or lien position 2.  If your lien position is greater than either of these, please contact us for qualification requirements.    
• Minimum line of credit amount of $10,000 applies.
• All payments quoted do not include taxes and insurance and actual payment may be greater.
• Minimum Credit Advance Amount of $500.
• Annual fee of $30.
• Total Term is 25 years; 10-year draw period & 15-year repayment period.
• Hazard Insurance (flood insurance, if applicable) is required.
• The maximum Annual Percentage Rate (APR) will not exceed 18.000% and the minimum Annual Percentage Rate (APR) will not be below 3.500%.
• Subject to credit approval.  Other terms and conditions may apply. APR is subject to change without notice.

*The annual percentage rate is variable and will be based on the value of an index and adding a margin of -0.50 to the value of the index. The index is the most recently published Prime Rate as of each day in the “Money Rates” table in The Wall Street Journal. (If more than one index value is published, we will use the highest published index value.).  

 **This means you will pay $5.96 in interest over a 30-day period for every $1000 of your line of credit drawn on during the interest only draw period if the APR of 7.250% does not change during that time. 

For financing of Single-Family Residential Dwellings with loan amounts between $10,000-$400,000 and the property is used as your primary residence or second home:

• Windsor Federal Bank will pay the Appraisal Fee, Credit Report Fee, Flood Certificate Fee, Appraisal Review Fee, Title Search Fee, and Recording Fee estimated to be between $404.15 – $524.15

For financing of 2-4 Family Residential Dwellings with loan amounts between $10,000-$400,000 and the property is used as your primary residence or second home:

• Windsor Federal Bank will pay the Credit Report Fee, Flood Certificate Fee, Title Search Fee, and Recording Fee estimated to be between $252.15 – $372.15
• You will be responsible to pay for the Appraisal Fee and Appraisal Review Fee after providing your intent to proceed with the application and prior to ordering these services estimated to be $785.00

For financing of 1-4 Family Residential Dwellings with loan amounts between $400,000 and $766,550 you are responsible to pay all closing cost estimated to be between $3,575.15 – $4,047.65

The following terms and conditions apply: 

• For applicants whose primary qualifying income is reportable on IRS form 1040, a direct deposit of this income to a Windsor Federal Bank Consumer Deposit Account by the time of consummation is required.
• For applicants whose primary qualifying income is reportable on IRS form 1120, 1120s, or 1065, a Primary Business Operating Deposit Account with Windsor Federal Bank is required by the time of consummation. 
• For line of credit amounts greater than $766,550 please contact us at 860.688.8511 or visit a local branch and ask to speak with one of our mortgage experts for APR and qualifications.
• Maximum Combined Loan-To-Value 80% of subject property’s appraised value.
• The loan in which you apply for must be in either lien position 1 or lien position 2.  If your lien position is greater than either of these, please contact us for qualification requirements.    
• Minimum line of credit amount of $10,000 applies.
• All payments quoted do not include taxes and insurance and actual payment may be greater.
• Minimum Credit Advance Amount of $500.
• Annual fee of $30.
• Total Term is 25 years; 10-year draw period & 15-year repayment period.
• Hazard Insurance (flood insurance, if applicable) is required.
• The maximum Annual Percentage Rate (APR) will not exceed 18.000% and the minimum Annual Percentage Rate (APR) will not be below 3.500%.
• Subject to credit approval.  Other terms and conditions may apply. APR is subject to change without notice.

The following applies to mortgage products listed above:

*APR is based on a set of assumptions, which include the following:

1. A loan amount between $10,000 and $400,000
2. A maximum combined loan to value of 80%
3. A 1-4 family Residential Dwelling
4. A property currently utilized as a primary place of residence or second home
5. A lien position of 1 or 2.
6. A property located in the State of CT

**Payment examples do not include escrow of taxes and insurance; therefore, the actual monthly payment obligation may be greater.

• For loan amounts greater than $400,000, please contact us at 860.688.8511 or visit a local branch and ask to speak with one of our mortgage experts for rates and qualifications.
• The interest rate of the product for which you apply will not increase after consummation.
• Combined Loan to Value (CLTV) up to 85% is available depending on credit history.
• Hazard Insurance (flood insurance, if applicable) is required.
• This is not a commitment to lending; all loans are subject to credit approval and other criteria.
• Rates are subject to change without notice.

Interest bearing checking accounts earn interest from day of deposit to day of withdrawal. Interest is accrued daily, compounded monthly and credited to the account monthly. We use the daily computation method to calculate the interest on all interest bearing checking accounts. This method applies a daily periodic rate to the principal in the account each day. The Annual Percentage Yield assumes that all interest will remain on deposit for one (1) year at the stated interest rate. The interest rate on new and existing “Variable” rate accounts, as indicated above, may be subject to change at any time. Any fees assessed may reduce the earnings on the account.

Interest bearing checking accounts earn interest from day of deposit to day of withdrawal. Interest is accrued daily, compounded monthly and credited to the account monthly. We use the daily computation method to calculate the interest on all interest bearing checking accounts. This method applies a daily periodic rate to the entire principal balance in the account each day. The Annual Percentage Yield assumes that all interest will remain on deposit for one (1) year at the stated interest rate. The interest rate on new and existing “Variable” rate accounts, as indicated above, may be subject to change at any time. Any fees assessed may reduce the earnings on the account.

Interest bearing savings accounts earn interest from day of deposit to day of withdrawal. Interest is accrued daily, compounded monthly and credited to the account monthly as indicated above, except for the Holiday Savings Club for which interest is posted to the account annually. We use the daily computation method to calculate the interest on all interest bearing savings accounts. This method applies a daily periodic rate to the principal in the account each day. The Annual Percentage Yield (APY) assumes that all interest will remain on deposit for one (1) year at the stated interest rate. The interest rate on new and existing “Variable” rate accounts as indicated above, may be subject to change at any time. Any fees assessed may reduce the earnings on the account.

Certificates of Deposit (CDs) are subject to a substantial penalty for any withdrawal of principal prior to maturity. The penalty amount is equal to ninety (90) days interest on CD terms of less than 12 months, one hundred and eighty (180) days interest on CDs with terms of 18 months but less than 36 months and three hundred and sixty (360) days interest on CD terms of 36 months or greater whether earned or not, on the amount withdrawn at the nominal (simple) interest rate being paid on the account regardless of the length of time the funds withdrawn have remained in the account. This penalty will be waived in the event of the death of any Accountholder or when any Accountholder has been determined to be legally incompetent by a court or other administrative body. The stated yield for CDs of less than one year assumes the reinvestment of principal and interest at the same rate, although the rate may not be available upon renewal. CD accounts must be opened with a minimum deposit of $1,000.00. If the balance drops below the minimum balance requirement during the term, the interest rate and APY is reduced to the posted Statement Savings interest rate and APY. The APY assumes that principal and interest remain on deposit for one (1) year at the listed interest rate. This information does not constitute all of the rules for CDs, which are subject to all applicable Federal and State regulations, and to the terms of the Windsor Federal Bank Deposit Account Agreement.

Interest on all accounts is compounded monthly from day of deposit to day of withdrawal and shall be credited to the account monthly.

Fees and other conditions may reduce the earnings on the account.

The Deposit Rates quoted are accurate as of the date at the top of this page. All deposit rates and annual percentage yields offered are subject to change without notice.

For full account details, please contact the branch office most convenient to you or call our Customer Care Center at 860-688-8511.

Certificates of Deposit (CDs) are subject to a substantial penalty for any withdrawal of principal prior to maturity. The penalty amount is equal to ninety (90) days interest on CD terms of less than 12 months, one hundred and eighty (180) days interest on certificate of deposits with terms of 18 months but less than 36 months and three hundred and sixty (360) days interest on certificate of deposit terms of 36 months or greater whether earned or not, on the amount withdrawn at the nominal (simple) interest rate being paid on the account regardless of the length of time the funds withdrawn have remained in the account. This penalty will be waived in the event of the death of any Accountholder or when any Accountholder has been determined to be legally incompetent by a court or other administrative body. The stated yield for CDs of less than one year assumes the reinvestment of principal and interest at the same rate, although the rate may not be available upon renewal. CD accounts must be opened with a minimum deposit of $1,000. If the balance drops below the minimum balance requirement during the term, the interest rate and APY is reduced to the posted Statement Savings interest rate and APY. The APY assumes that principal and interest remain on deposit for one (1) year at the listed interest rate. This information does not constitute all of the rules for CDs, which are subject to all applicable Federal and State regulations, and to the terms of the Windsor Federal Bank Deposit Account Agreement.

Interest on all accounts is compounded monthly from day of deposit to day of withdrawal and shall be credited to the account monthly.

Fees and other conditions may reduce the earnings on the account.

The Deposit Rates quoted are accurate as of the date at the top of this page. All deposit rates and annual percentage yields offered are subject to change without notice. For today’s rates and yields, call us or visit one of our convenient locations.

For full account details, please contact the branch office most convenient to you or call our Customer Care Center at 860-688-8511.

Interest bearing savings accounts earn interest from day of deposit to day of withdrawal. Interest is accrued daily, compounded monthly and credited to the account monthly as indicated above, except for the Holiday Savings Club for which interest is posted to the account annually. We use the daily computation method to calculate the interest on all interest bearing savings accounts. This method applies a daily periodic rate to the principal in the account each day. The Annual Percentage Yield assumes that all interest will remain on deposit for one (1) year at the stated interest rate. The interest rate on new and existing “Variable” rate accounts as indicated above, may be subject to change at any time. Any fees assessed may reduce the earnings on the account.