Rates

Home Equity Line of Credit 3.99% APR*

• No closing costs
• No annual fee
• No application fee
• Just access to the equity in your home!

HELOC Special 3.99% APR - Fixed for 12 months!

Account Type	Rate	APR	Minimum Balance	Loan Amount	Maximum Loan Amount
12 Months Fixed - 3.99% APR*	3.99%	3.99%*	$10,000 minimum credit line, but, no minimum balance required.	$10,000	80% Combined Loan-to-Value (CLTV)
*HELOC discounted rate of 3.99% APR (Annual Percentage Rate) is fixed for the first 12 months. After the 12 months, the rate will vary based on the Wall Street Journal Prime Rate published on the last business day of the month. Prime Rate as of 9/22/2022 is 6.25% APR. The APR may increase after the loan is closed; maximum APR is 18% or the maximum permitted by law. The minimum line of credit is $10,000 and the maximum line of credit is 80% Combined Loan to Value (CLTV).  During the 10-year draw period, a Home Equity Line of Credit with a balance of $10,000 and APR of 3.99% for the first 12 billing cycles will result in 12 interest only payments of $32.79.  After the promotional period, and a variable APR of 6.25% (Prime), it would take 108 monthly interest only payments of $53.08 followed by 120 monthly payments of $112.29 during the repayment period.  No closing costs due at consummation, however if line of credit closed within three years of origination date, borrower(s) will be responsible for reimbursing the credit union for all closing costs paid by NHFCU.  This could range between $500 and $1,200.   Promotion starts 06/17/2022 and all rates, terms, and conditions are subject to change or be discontinued without notice.    A tax adviser should be consulted regarding deductibility of interest or charges for HELOCs.  HELOC is available for: 1-4 family owner-occupied primary residences or condos. Property cannot be listed for sale. Property insurance is required. Flood insurance is required if the property is in a flood zone. NHFCU may lend to members only.   Return to top