Home Equity LoansYou choose the home equity loan to suit your needs. If you are looking to consolidate debt, pay off another home equity line-of-credit, or want a one-time advance, then our fixed-rate home equity loan will be right for you. But, if you want to access your home equity loan for things like home improvement projects and tuition bills, consider our adjustable-rate home equity loan. NH Federal Credit Union is an Equal Housing Lender.
Home Equity Fixed RateRates effective July 31, 2015
| Account Type|| Rate|| APR|| Comments|
|3 to 10 Year Fixed||4.35%||4.565%*||*APR listed is based on the 10 year term. APR will vary based on term.|| || |
Home Equity Line of CreditRates effective July 31, 2015
| Account Type|| Rate|| Monthly Payment|
|Adjustable Rate HELOC**||Prime Rate + 0%||Interest or minimum of $25 balloon payment after 10 years|| |
| Annual Percentage Rate. Minimum loan amount $10,000. Origination fee: $220. Closing costs are incurred and may vary based on lien position. NHFCU may lend to members only. Rates and terms are subject to change without notice. All loans are subject to credit requirements. Monthly payment of $102.92, total finance charge of $2,350, total payments of $12,350 based on a 10 year term.|