Home Equity
Line-of-Credit |
5.25% Variable |
0.014383% |
5 - 10 Year
Draw Period
10 Year
Repayment |
The interest rate on established variable rate loans changes quarterly, based on the average of the previous four weeks 26-week Treasury Bill rates. The minimum monthly payment is 1.5 % of your balance as of the most recent advance. Annual fee $25.00. $100.00 loan application fee. Loan to value not to exceed
85 % of assessed value. Oregon and Washington only. |
| Home Equity Line (Interest Only) |
4.75% Fixed |
0.013013% |
5 - 10 Year
Draw Period
10 Year
Repayment |
The "interest only" period will be for the first 5 years. During the "interest only" draw period, your minimum monthly payment will be equal to the accrued Finance Charge at the end of each billing cycle. At the end of the "interest only" draw period, the minimum monthly payment will refer back to the 1.5% of your balance as of the most recent advance or $100.00 minimum. The interest rate will be fixed for the first 5 years. At the end of the "interest only" draw period, the interest rate will revert back to a variable rate which can change quarterly, based on the average of the previous four weeks 26 week Treasury Bill rates plus a margin. Annual Fee $25.00. $100.00 loan application fee. Loan to value ratio not to exceed 85% of tax assessed value. Oregon and Washington only. |
Interest Rates on Accounts
