Home Equity Rates

Try our mortgage calculator to estimate your monthly payments.

 

Home Equity Products
Effective:

Program Term

Int. Rate 
 

Points APR Monthly Pymt
per $1000 borrowed
Maximum
LTV

Fixed Home Equity Loan

**With Automatic
Payment Plan

(The Home Equity Loan combined with another institution's outstanding mortgage may not exceed 70% of the value of the property. Homeowner's insurance is required on the property being used as collateral for these loans.)

1-5 YEARS  **3.250% 0  3.250%  $18.08 80%
  6-10 YEARS **4.490% 0 4.490% $10.36 80%
  11-15 YEARS **5.490% 0 5.490% $8.17 80%
These payments do not include taxes and insurance, and your payment may be greater.
Home Equity Line of Credit*   3.000%   3.000%    
*Home Equity Line of Credit is a variable rate where the annual APR is subject to change. Maximum APR would be 16%.Minium APR would be 3%. Minimum monthly payment:Interest only. Homeowners Hazard Insurance required. Interest rate is Prime minus 1%. 

 

For more information about our products and services, please email Margaret Murray at mmurray@bankofeaston.com visit or call (508) 238-1000.