Eastern Bank Personal Loans
Eastern Bank offers personal loans at great rates for funding life’s big moments, consolidating high-interest debt like credit cards or covering unexpected expenses. At Eastern Bank, we do good things to help people prosper… See how a personal loan from Eastern Bank can help you achieve your financial goals!
Apply online in as few as 5 minutes
A personal loan from Eastern Bank features a low fixed rate1 that provides peace of mind since your monthly payments will be consistent throughout the life of the loan. Easy to budget, a personal loan enables you to pay for an unexpected expense or a planned big purchase, or pay off credit cards at a lower interest rate. An Eastern Personal Loan is a great way to pay for whatever life sends your way.
What will you do with your personal loan?
Pay Off Credit Cards
Fund Home Improvements
Pay for Life's Big Moments
Savings with an Eastern Personal Loan
$2,894
Sample for illustrative purposes only.
Your savings may be more or less than what is displayed here.
Get an Eastern Bank Personal Loan at a Great Rate
Rate | 10.49% to 16.99%1 |
Terms | 12 to 60 months |
Limits | Minimum: $2,000Maximum: $25,000 |
Fees | No origination fee, annual fee or prepayment penalty fee |
1 As of 11/1/2024 your APR may be as low as 9.99% or as high as 16.99%. To qualify for the lowest rate, applicants must have excellent credit as defined by Eastern Bank, apply for a 12-month term and be an Eastern Bank Premier or Eastern Bank Select customer. Lowest rate assumes a 0.50% auto-pay discount from an Eastern Premier, Private Bank or Select checking account. Applicants without an Eastern Premier, Private Bank or Eastern Select checking account can receive a 0.25% auto-pay discount with another Eastern Bank checking account. Personal Loan terms range and are available from 12 to 60 months. Minimum loan amount is $2,000; maximum loan amount is $25,000.
The annual percentage rate (APR) is what credit costs a borrower each year, expressed as a percentage of the loan amount.
All financing is subject to credit approval.
2 National average of credit card APR as of 10/11/2023 (source: creditcards.com). Credit card example assumes minimum monthly credit card payment of $570. (source: creditcards.com/calculators).
3 Personal loan example assumes maximum interest rate discounts, equal number of payments and no pre-payments.