Current Interest Rate: 9.99%

At Woodstock Soapstone we are happy to offer monthly financing for your stove purchase. Many of our customers find this easy financing plan to be the best way to get a stove into their home this season!

We have partnered with Mascoma Savings Bank, an independent Vermont/New Hampshire community-based bank, to offer this financing plan. With approved credit and a $250 down payment, you can have your stove in place for this season, and enjoy low payments for up to 30 months.

How do I apply for financing?
A credit application is available for download from our website: (Credit Application). We can also take your application by phone, just call 1-800-866-4344 between 9 and 5 EST Monday through Saturday to complete an application over the phone with one of our Customer Service Representatives.

How much can I finance?
The loan amount will be the price of the stove, less your $250 deposit. This is typically $2000 to $
3000, depending on the stove and the current price. The bank cannot finance freight cost or pipe and accessories

Can I finance for shorter than 30 months?
Yes, you can request terms of less than 30 months, or make larger payments to pay a 30-month loan off sooner without penalty. Either way, you will reduce the amount of interest charges you have to pay.

What is the interest rate for this loan?
Normally, the interest rate is 9.99%. However, we sometimes offer special interest rates as part of a seasonal sale. 

See top of page for current rate.

Can I pay the loan off early?
Yes, there are no pre-payment penalties.

After the Completing the application, what happens?
Once we have your completed credit application, it is sent to the bank to be reviewed and approved. When the bank responds with approval, we will call or e-mail you to let you know. At that point, we will fill in any missing details on the stove order, send you a loan agreement and identity verification form, and let you know what your final balance due will be ($250 deposit, freight charges, accessories, etc.). The loan agreement needs to be signed before a Notary Public and signed by that Notary and returned with the other documents. Once we receive the complete paperwork and your balance due, we ship your stove!

Besides the deposit, are there any “out-of-pocket” costs?
Because the bank only finances the sale price of the stove, any costs for accessories, pipe, packing and freight do need to be paid “out-of-pocket“ before shipping. Your customer service representative will review your stove order with you and clearly indicate what you will need to pay outside of the financed amount.

Will I be making payments to Woodstock Soapstone or Mascoma Savings Bank?
Once you have signed the loan agreement paperwork and returned it to Woodstock Soapstone, we ship your stove. Then, Mascoma Savings Bank will sent you their loan instructions and a payment coupon book. After the initial deposit and costs paid to Woodstock Soapstone Co., all your payments will be going to Mascoma Savings Bank.

What if my coupon book doesn’t arrive before my first payment is due?
Your first payment will be due 30 days from the date of shipment for your stove. If your coupon book hasn’t arrived 3 weeks after your stove was shipped, call Woodstock Soapstone at 1-800-866-4344. We will notify the bank and make sure that you have the correct address to send the payment to. The final coupon in the book will instruct you to call for final payment amount. This is to ensure that you have an accurate payoff to conclude the loan.