1 | TYPE | TERM | APR* | RATE | MONTHLY PAYMENT PER $1000 |
---|---|---|---|---|---|
2 | 5 Year ¹ | 5 year | 6.125% | 6.125% | $19.39 |
3 | 10 Year ¹ | 10 year | 6.750% | 6.750% | $11.48 |
4 | 15 Year ¹ | 15 year | 7.250% | 7.250% | $9.13 |
5 | HELOC² | 8 year draw / 12 year repayment | 7.625% | 7.625% | $10.63 |
6 | *APR is annual percentage rate. Rates effective 5/15/2023 and are subject to change without notice. ¹ Terms and restrictions may apply. Ask for more information. Add 1.50% to the published rate when loan to value is greater than 80%. Payments do not include Real Estate Taxes and Insurance premiums. The actual payment will be greater. Minimum loan amount $5,000. ² Rate is variable based on Wall Street Journal Prime Rate minus 0.625%. The rate has a floor of 4.00% and a ceiling of 18.00%. Loan-to-value 90% or less. We will not charge you any fees to open, use, or maintain your Home Equity Line of Credit. However, you may pay certain fees to third parties to open the plan. Those fees are generally between $250 - $750. Click for the full disclosure. |