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.
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!
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!
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Personal Loan Vs. Credit Card
| Eastern Personal Loan | Credit Card Debt |
|---|---|
| $15,000 Balance | $15,000 Balance |
| 9.99% Interest Rate | 21.10% Interest Rate2 |
| 3 Years to Pay off Loan3 | 3 Years to Pay off Loan |
| $2,422 Total Interest Paid | $5,316 Total Interest Paid |
| $483.94 Monthly Payment | $570.00 Avg. Monthly Payment |
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
| Personal Loan | Details |
|---|---|
| Rate | 10.49% to 16.99%1 |
| Terms | 12 to 60 months |
| Limits | Minimum: $2,000 Maximum: $25,000 |
| Fees | No origination fee, annual fee or prepayment penalty fee |
1. As of 11/15/2026 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.
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