Enjoy a home equity line of credit with a little extra good. Receive a $100 gift card when you meet the promotional requirements for our Eastern FLEXEQUITY® Account.1

Eastern FLEXEQUITY Account

variable rate now at 2 3.50%APR PRIME -0.50% APR Minimum draw of $25,000
Fixed-rate option 3 4.05%APR Based on 15-year fixed rate Minimum draw of $70,000

Introducing a smart, flexible way to borrow.

Borrow with peace of mind. Get a low rate and flexible borrowing options including a fixed rate loan with predictable monthly payments.
Apply for the Eastern FlexEquity Account today. 2,3,4,5

See How Much You Can Borrow

Quickly and easily calculate the maximum amount you're eligible to borrow. Results are based on an 80% loan-to-value ratio, but you can always borrow less.

Estimated Home Value
Total Amount Owed

Note: Total amount owed includes both your mortgage and any additional home loans.

Estimated Loan Amount

Sorry, you do not have enough equity in your home at this time.

Head to your local Eastern Bank or request more information here.

Calculate Your Payments

If you’re looking for a fixed rate, we can show you what your monthly payment may be. 3

Rate Type
Fixed 4.05%
Variable 3.25%
Desired Loan Amount
Loan Period (in years)
Monthly Payment
$/mo *Draw amount of 25,000 @ 3% resulting in 62.50 payment (interest only).

These estimates are provided to you as a courtesy. None of the terms contained in this document are guaranteed or binding on Eastern Bank. This document does not constitute an offer to extend credit. The Annual Percentage Rate does not include closing costs that may apply.

Get the Nuts and Bolts on Home Equity

Wondering how you can use the Eastern FlexEquity Account or what sets it apart? We've got you covered.


Ready to apply for the Eastern FLEXEQUITY Account?

Apply Now    Locate A Branch
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