Home Equity Rates
If you’re a homeowner, you can use the equity you have built up in your home to secure possibly the lowest-rate financing available. And, whether you select a variable-rate Home Equity Line of Credit or a fixed-rate Home Equity Loan, the interest may be tax-deductible (check with your tax advisor).
| Program |
Term |
APR |
Monthly Payments
per $1000 borrowed |
| Home Equity Loans |
36 months |
3.000% |
$29.04 |
| 48 months |
3.375% |
$22.31 |
| 60 months |
3.625% |
$18.25 |
| 84 months |
5.000% |
$14.14 |
| 120 months |
5.250% |
$10.73 |
| *Annual Percentage Rate (APR) subject to change without notice.1-4 family owner-occupied properties only. Property insurance is required. Minimum loan amount $25,000. Maximum loan amount $100,000. Maximum loan to value 70%. Value based on most recent tax assessment. If an appraisal is required there is a fee of $350 – $525. Other restrictions may apply. Consult a tax advisor as to the deductibility of interest. |
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