Rates are subject to change without notice.
Subject to individuals residing or working in Western or Central Massachusetts; or Northern or Central Connecticut.
All Loans with an Asterisk (*) reflect a 0.250% interest rate discount as long as you maintain an automatic payment withdrawal from a new or existing Westfield Bank checking account. The account must be opened prior to the settlement of your loan. A Relationship Banking Notice will be given at the start of your application.
For more information, or to apply, contact a Consumer Loan Specialist at 413.568.1911, 860.838.3766 or 800.995.5734, apply online, or visit any of our convenient offices.
View our Financial Calculators here
Annual Percentage Rates (APRs) are accurate as of October 2, 2023. All rates are subject to change without notice.
Westfield Bank NMLS ID 439933
Auto Loans - Consumer Only
| Product Description | Interest Rate | APR | Payment Per $1,000 | Apply |
|---|---|---|---|---|
|
New 60 Months |
6.750%* | 6.750% | $19.68 | Apply Now |
|
New 48 Months |
6.750%* | 6.750% | $23.83 | Apply Now |
|
New 36 Months |
6.750%* | 6.750% | $30.76 | Apply Now |
|
Used 60 Months Model Years 2020-2023 |
6.750%* | 6.750% | $19.68 | Apply Now |
|
Used 48 Months Model Year up to 2019 |
6.750%* | 6.750% | $23.83 | Apply Now |
|
Used 36 Months Model Year up to 2018 |
6.750%* | 6.750% | $30.76 | Apply Now |
New car loans are only available on model year 2023 up to
- 100% of the purchase price for loan amounts up to $50,000.
- 90% of the purchase price for loan amounts up to $50,001 - $70,000.
- 80% of the purchase price for loan amounts up to $70,001 or more
APRs based on 100% LTV
Pre-owned car loan maximum financing 2018-2023.
- Model year 2018 has a maximum term of 36 months, Lesser of 80% of the purchase price or 80% NADA Clean Retail
- Model year 2019 has a maximum term of 48 months, Lesser of 80% of the purchase price or 80% NADA Clean Retail
- Model years 2020-2023 have a maximum term of 60 months, Lesser of 90% of the purchase price or 90% NADA Clean Retail
Recreational Vehicles
| Product Description | Interest Rate | APR | Payment Per $1,000 | Apply |
|---|---|---|---|---|
| Motorcycle, RV & Boat Loans 12 Months | 7.750%* | 7.750% | $86.87 | Apply Now |
| Motorcycle, RV & Boat Loans 24 Months | 7.750%* | 7.750% | $45.11 | Apply Now |
| Motorcycle, RV & Boat Loans 36 Months | 7.750%** | 7.750% | $31.22 | Apply Now |
| Motorcycle, RV & Boat Loans 48 Months | 7.750%* | 7.750% | $24.30 | Apply Now |
Motorcycle, RV and Boat APRS based on 80% LTV. 20% down payment required.
Pool and Spa Loans
| Product Description | Interest Rate | APR | Payment per $1,000 | Apply |
|---|---|---|---|---|
| Pool & Spa 60 Months | 6.250% | 6.250% | $19.45 | Apply Now |
| Pool & Spa 48 Months | 6.250% | 6.250% | $23.60 | Apply Now |
| Pool & Spa 36 Months | 6.250% | 6.250% | $30.54 | Apply Now |
| Pool & Spa 24 Months | 6.250% | 6.250% | $44.33 | Apply Now |
| Pool & Spa 12 Months | 6.250% | 6.250% | $86.18 | Apply Now |
90% of the purchase price with a maximum loan amount of $10,000. (Equity Loans or Equity Lines may be available for any loans over $10,000.)
APRs based on 90% LTV