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Solar Loan Comparison

Solar electricity is often a cost-effective way for homeowners to reduce energy costs while also reducing the environmental impact of fossil fuels. Both of our great financing options - unlike traditional lenders that make seek to put a lien on your home - will never tie up your equity. Please take a look at each of the Solar Loans we offer, including their rates and terms. 

Mass Solar Loan

Income-Qualified? Annual Percentage Rate Max Term Limit
Yes 3.75% 120 Months $60,000
No 5.25% 120 Months $60,000

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MySolar Loan

Product Annual Percentage Rate Max Term Limit
  Rates Starting At...    
MySolar Loan 4.49% 60 Months $75,000
MySolar Loan 4.99% 120 Months $75,000
MySolar Loan 5.99% 180 Months $75,000

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The current prime rate is: 3.25%. Rates effective as of June 1, 2020. Rates subject to change at any time.