Home Equity Loan Rates
Let RBFCU provide you the most up-to-date financial information, including Home Equity Loan rates. If you're thinking about applying for a HELOC or Home Equity Loan in the near future, review our rates and financing options. After all, having the most current financial information can help you find the Home Equity Loan or Home Equity Line of Credit that's best for you.
Contact us for general information or apply online for a Home Equity Loan or Home Equity Line of Credit today!
The Annual Percentage Rate is current as of: 02-14-2016
Requirements | Years | Rate(APR%*) | Your Payment per $10,000 | ||
---|---|---|---|---|---|
From: | To: | From: | To: | ||
20% Equity Required |
4 |
2.625
Important Loan InformationAt a 2.625% interest rate, the APR for this loan type is 2.625%. The monthly payment schedule would be:
This payment schedule is based on a $40,000 home equity loan in which you have 20% equity in the property. The payment amounts above do not include amounts for taxes and insurance. If included, your actual payment obligation will be greater. |
5.125
Important Loan InformationAt a 5.125% interest rate, the APR for this loan type is 5.125%. The monthly payment schedule would be:
This payment schedule is based on a $40,000 home equity loan in which you have 20% equity in the property. The payment amounts above do not include amounts for taxes and insurance. If included, your actual payment obligation will be greater. |
219.69 | 230.86 |
" | 7 |
3.500
Important Loan InformationAt a 3.500% interest rate, the APR for this loan type is 3.500%. The monthly payment schedule would be:
This payment schedule is based on a $40,000 home equity loan in which you have 20% equity in the property. The payment amounts above do not include amounts for taxes and insurance. If included, your actual payment obligation will be greater. |
6.000
Important Loan InformationAt a 6.000% interest rate, the APR for this loan type is 6.000%. The monthly payment schedule would be:
This payment schedule is based on a $40,000 home equity loan in which you have 20% equity in the property. The payment amounts above do not include amounts for taxes and insurance. If included, your actual payment obligation will be greater. |
134.40 | 146.09 |
" | 10 |
3.625
Important Loan InformationAt a 3.625% interest rate, the APR for this loan type is 3.625%. The monthly payment schedule would be:
This payment schedule is based on a $40,000 home equity loan in which you have 20% equity in the property. The payment amounts above do not include amounts for taxes and insurance. If included, your actual payment obligation will be greater. |
6.125
Important Loan InformationAt a 6.125% interest rate, the APR for this loan type is 6.125%. The monthly payment schedule would be:
This payment schedule is based on a $40,000 home equity loan in which you have 20% equity in the property. The payment amounts above do not include amounts for taxes and insurance. If included, your actual payment obligation will be greater. |
99.47 | 111.65 |
" | 15 |
3.750
Important Loan InformationAt a 3.750% interest rate, the APR for this loan type is 3.750%. The monthly payment schedule would be:
This payment schedule is based on a $80,000 home equity loan in which you have 20% equity in the property. The payment amounts above do not include amounts for taxes and insurance. If included, your actual payment obligation will be greater. |
6.250
Important Loan InformationAt a 6.250% interest rate, the APR for this loan type is 6.250%. The monthly payment schedule would be:
This payment schedule is based on a $80,000 home equity loan in which you have 20% equity in the property. The payment amounts above do not include amounts for taxes and insurance. If included, your actual payment obligation will be greater. |
72.72 | 85.74 |
" | 20 |
4.000
Important Loan InformationAt a 4.000% interest rate, the APR for this loan type is 4.000%. The monthly payment schedule would be:
This payment schedule is based on a $80,000 home equity loan in which you have 20% equity in the property. The payment amounts above do not include amounts for taxes and insurance. If included, your actual payment obligation will be greater. |
6.500
Important Loan InformationAt a 6.500% interest rate, the APR for this loan type is 6.500%. The monthly payment schedule would be:
This payment schedule is based on a $80,000 home equity loan in which you have 20% equity in the property. The payment amounts above do not include amounts for taxes and insurance. If included, your actual payment obligation will be greater. |
60.60 | 73.09 |
" | 30 |
4.125
Important Loan InformationAt a 4.125% interest rate, the APR for this loan type is 4.125%. The monthly payment schedule would be:
This payment schedule is based on a $80,000 home equity loan in which you have 20% equity in the property. The payment amounts above do not include amounts for taxes and insurance. If included, your actual payment obligation will be greater. |
6.625
Important Loan InformationAt a 6.625% interest rate, the APR for this loan type is 6.625%. The monthly payment schedule would be:
This payment schedule is based on a $80,000 home equity loan in which you have 20% equity in the property. The payment amounts above do not include amounts for taxes and insurance. If included, your actual payment obligation will be greater. |
48.46 | 64.03 |
* APR means Annual Percentage Rate. Your specific rate will be dependent upon your credit rating, term of the loan, and lien position. ** 30 year terms for Home Equity Loans are only offered as the 1st lien on the property. Generally, closing costs will be paid by the credit union; however, in some instances certain costs will be paid by the member. Hazard insurance is required. Minimum loan amount is $5,000. Contact us at 210-945-3300 or toll free at 1-800-580-3300 for more information. Rates and terms are subject to change without prior notice. All loans subject to credit approval. View features of our Home Equity loans and additional disclosures. |
Type | APR%^{*} |
---|---|
HELOC | 3.000 |
* APR means Annual Percentage Rate. The 3.000 variable APR is based on an index minus a margin. The index is the prime rate as published in the Wall Street Journal Money Rates table. As of January 1, 2016, the index value was 3.500 and the margin was minus 0.500. The APR on variable rate lines may increase or decrease quarterly as disclosed in your agreement with us, not to exceed an annual percentage rate of 15%. Rates and terms are subject to change without prior notice; other restrictions may apply.
HELOC Minimum Payment Requirements: Your minimum monthly payment will be calculated after each credit advance,
and will be $14.00 per $1,000.00 of the outstanding balance after each advance rounded up to the nearest
$1,000.00. Your payment amount will remain the same unless you obtain another credit advance. We will
recalculate your payment each time you obtain an advance. |