Home Equity Loan product from Spokane Teachers Credit Union - Amortization Schedule Calculator

Use the calculator below to calculate your monthly home equity payment for the loan from Spokane Teachers Credit Union. You can adjust loan amount, interest rate, and the home equity term to view the impact on the monthly payment amount. The calculator also provides an amortization table to show the amount of principal and interest payments a borrower will make over the life of the loan.

Home Equity product from Spokane Teachers Credit Union

Product Total Termlength: 20 Years
Interest Rate: 9.24%

Monthly Payment: $ 2,928.70

Date	Principal Balance^?	Monthly Payment^?	Interest^?	Monthly Amortization^?
11/29/2025	$319,535.30	$2,928.70	$2,464.00	$464.70
12/29/2025	$319,067.02	$2,928.70	$2,460.42	$468.28
01/29/2026	$318,595.14	$2,928.70	$2,456.82	$471.88
03/01/2026	$318,119.62	$2,928.70	$2,453.18	$475.52
04/01/2026	$317,640.44	$2,928.70	$2,449.52	$479.18
05/01/2026	$317,157.57	$2,928.70	$2,445.83	$482.87
06/01/2026	$316,670.98	$2,928.70	$2,442.11	$486.59
07/01/2026	$316,180.65	$2,928.70	$2,438.37	$490.33
08/01/2026	$315,686.54	$2,928.70	$2,434.59	$494.11
09/01/2026	$315,188.63	$2,928.70	$2,430.79	$497.91
10/01/2026	$314,686.88	$2,928.70	$2,426.95	$501.75
11/01/2026	$314,181.27	$2,928.70	$2,423.09	$505.61
12/01/2026	$313,671.76	$2,928.70	$2,419.20	$509.50
01/01/2027	$313,158.34	$2,928.70	$2,415.27	$513.43
02/01/2027	$312,640.96	$2,928.70	$2,411.32	$517.38
03/01/2027	$312,119.59	$2,928.70	$2,407.34	$521.36
04/01/2027	$311,594.21	$2,928.70	$2,403.32	$525.38
05/01/2027	$311,064.79	$2,928.70	$2,399.28	$529.42
06/01/2027	$310,531.29	$2,928.70	$2,395.20	$533.50
07/01/2027	$309,993.68	$2,928.70	$2,391.09	$537.61
08/01/2027	$309,451.93	$2,928.70	$2,386.95	$541.75
09/01/2027	$308,906.01	$2,928.70	$2,382.78	$545.92
10/01/2027	$308,355.88	$2,928.70	$2,378.58	$550.12
11/01/2027	$307,801.52	$2,928.70	$2,374.34	$554.36
12/01/2027	$307,242.89	$2,928.70	$2,370.07	$558.63
01/01/2028	$306,679.96	$2,928.70	$2,365.77	$562.93
02/01/2028	$306,112.70	$2,928.70	$2,361.44	$567.26
03/01/2028	$305,541.07	$2,928.70	$2,357.07	$571.63
04/01/2028	$304,965.03	$2,928.70	$2,352.67	$576.03
05/01/2028	$304,384.56	$2,928.70	$2,348.23	$580.47
06/01/2028	$303,799.63	$2,928.70	$2,343.76	$584.94
07/01/2028	$303,210.18	$2,928.70	$2,339.26	$589.44
08/01/2028	$302,616.20	$2,928.70	$2,334.72	$593.98
09/01/2028	$302,017.65	$2,928.70	$2,330.14	$598.56
10/01/2028	$301,414.48	$2,928.70	$2,325.54	$603.16
11/01/2028	$300,806.67	$2,928.70	$2,320.89	$607.81
12/01/2028	$300,194.18	$2,928.70	$2,316.21	$612.49
01/01/2029	$299,576.98	$2,928.70	$2,311.50	$617.20
02/01/2029	$298,955.02	$2,928.70	$2,306.74	$621.96
03/01/2029	$298,328.27	$2,928.70	$2,301.95	$626.75
04/01/2029	$297,696.70	$2,928.70	$2,297.13	$631.57
05/01/2029	$297,060.27	$2,928.70	$2,292.26	$636.44
06/01/2029	$296,418.93	$2,928.70	$2,287.36	$641.34
07/01/2029	$295,772.66	$2,928.70	$2,282.43	$646.27
08/01/2029	$295,121.40	$2,928.70	$2,277.45	$651.25
09/01/2029	$294,465.14	$2,928.70	$2,272.43	$656.27
10/01/2029	$293,803.82	$2,928.70	$2,267.38	$661.32
11/01/2029	$293,137.41	$2,928.70	$2,262.29	$666.41
12/01/2029	$292,465.87	$2,928.70	$2,257.16	$671.54
01/01/2030	$291,789.16	$2,928.70	$2,251.99	$676.71
02/01/2030	$291,107.23	$2,928.70	$2,246.78	$681.92
03/01/2030	$290,420.06	$2,928.70	$2,241.53	$687.17
04/01/2030	$289,727.59	$2,928.70	$2,236.23	$692.47
05/01/2030	$289,029.79	$2,928.70	$2,230.90	$697.80
06/01/2030	$288,326.62	$2,928.70	$2,225.53	$703.17
07/01/2030	$287,618.04	$2,928.70	$2,220.11	$708.59
08/01/2030	$286,904.00	$2,928.70	$2,214.66	$714.04
09/01/2030	$286,184.46	$2,928.70	$2,209.16	$719.54
10/01/2030	$285,459.38	$2,928.70	$2,203.62	$725.08
11/01/2030	$284,728.71	$2,928.70	$2,198.04	$730.66
12/01/2030	$283,992.42	$2,928.70	$2,192.41	$736.29
01/01/2031	$283,250.47	$2,928.70	$2,186.74	$741.96
02/01/2031	$282,502.79	$2,928.70	$2,181.03	$747.67
03/01/2031	$281,749.37	$2,928.70	$2,175.27	$753.43
04/01/2031	$280,990.14	$2,928.70	$2,169.47	$759.23
05/01/2031	$280,225.06	$2,928.70	$2,163.62	$765.08
06/01/2031	$279,454.09	$2,928.70	$2,157.73	$770.97
07/01/2031	$278,677.19	$2,928.70	$2,151.80	$776.90
08/01/2031	$277,894.30	$2,928.70	$2,145.81	$782.89
09/01/2031	$277,105.39	$2,928.70	$2,139.79	$788.91
10/01/2031	$276,310.40	$2,928.70	$2,133.71	$794.99
11/01/2031	$275,509.29	$2,928.70	$2,127.59	$801.11
12/01/2031	$274,702.01	$2,928.70	$2,121.42	$807.28
01/01/2032	$273,888.52	$2,928.70	$2,115.21	$813.49
02/01/2032	$273,068.76	$2,928.70	$2,108.94	$819.76
03/01/2032	$272,242.69	$2,928.70	$2,102.63	$826.07
04/01/2032	$271,410.26	$2,928.70	$2,096.27	$832.43
05/01/2032	$270,571.41	$2,928.70	$2,089.86	$838.84
06/01/2032	$269,726.11	$2,928.70	$2,083.40	$845.30
07/01/2032	$268,874.30	$2,928.70	$2,076.89	$851.81
08/01/2032	$268,015.94	$2,928.70	$2,070.33	$858.37
09/01/2032	$267,150.96	$2,928.70	$2,063.72	$864.98
10/01/2032	$266,279.32	$2,928.70	$2,057.06	$871.64
11/01/2032	$265,400.97	$2,928.70	$2,050.35	$878.35
12/01/2032	$264,515.86	$2,928.70	$2,043.59	$885.11
01/01/2033	$263,623.93	$2,928.70	$2,036.77	$891.93
02/01/2033	$262,725.14	$2,928.70	$2,029.90	$898.80
03/01/2033	$261,819.42	$2,928.70	$2,022.98	$905.72
04/01/2033	$260,906.73	$2,928.70	$2,016.01	$912.69
05/01/2033	$259,987.01	$2,928.70	$2,008.98	$919.72
06/01/2033	$259,060.21	$2,928.70	$2,001.90	$926.80
07/01/2033	$258,126.27	$2,928.70	$1,994.76	$933.94
08/01/2033	$257,185.14	$2,928.70	$1,987.57	$941.13
09/01/2033	$256,236.77	$2,928.70	$1,980.33	$948.37
10/01/2033	$255,281.09	$2,928.70	$1,973.02	$955.68
11/01/2033	$254,318.06	$2,928.70	$1,965.66	$963.04
12/01/2033	$253,347.61	$2,928.70	$1,958.25	$970.45
01/01/2034	$252,369.68	$2,928.70	$1,950.78	$977.92
02/01/2034	$251,384.23	$2,928.70	$1,943.25	$985.45
03/01/2034	$250,391.19	$2,928.70	$1,935.66	$993.04
04/01/2034	$249,390.50	$2,928.70	$1,928.01	$1,000.69
05/01/2034	$248,382.11	$2,928.70	$1,920.31	$1,008.39
06/01/2034	$247,365.95	$2,928.70	$1,912.54	$1,016.16
07/01/2034	$246,341.97	$2,928.70	$1,904.72	$1,023.98
08/01/2034	$245,310.10	$2,928.70	$1,896.83	$1,031.87
09/01/2034	$244,270.29	$2,928.70	$1,888.89	$1,039.81
10/01/2034	$243,222.47	$2,928.70	$1,880.88	$1,047.82
11/01/2034	$242,166.58	$2,928.70	$1,872.81	$1,055.89
12/01/2034	$241,102.56	$2,928.70	$1,864.68	$1,064.02
01/01/2035	$240,030.35	$2,928.70	$1,856.49	$1,072.21
02/01/2035	$238,949.89	$2,928.70	$1,848.23	$1,080.47
03/01/2035	$237,861.10	$2,928.70	$1,839.91	$1,088.79
04/01/2035	$236,763.93	$2,928.70	$1,831.53	$1,097.17
05/01/2035	$235,658.31	$2,928.70	$1,823.08	$1,105.62
06/01/2035	$234,544.18	$2,928.70	$1,814.57	$1,114.13
07/01/2035	$233,421.47	$2,928.70	$1,805.99	$1,122.71
08/01/2035	$232,290.12	$2,928.70	$1,797.35	$1,131.35
09/01/2035	$231,150.05	$2,928.70	$1,788.63	$1,140.07
10/01/2035	$230,001.20	$2,928.70	$1,779.86	$1,148.84
11/01/2035	$228,843.51	$2,928.70	$1,771.01	$1,157.69
12/01/2035	$227,676.91	$2,928.70	$1,762.10	$1,166.61
01/01/2036	$226,501.32	$2,928.70	$1,753.11	$1,175.59
02/01/2036	$225,316.68	$2,928.70	$1,744.06	$1,184.64
03/01/2036	$224,122.92	$2,928.70	$1,734.94	$1,193.76
04/01/2036	$222,919.96	$2,928.70	$1,725.75	$1,202.95
05/01/2036	$221,707.75	$2,928.70	$1,716.48	$1,212.22
06/01/2036	$220,486.20	$2,928.70	$1,707.15	$1,221.55
07/01/2036	$219,255.24	$2,928.70	$1,697.74	$1,230.96
08/01/2036	$218,014.81	$2,928.70	$1,688.27	$1,240.43
09/01/2036	$216,764.82	$2,928.70	$1,678.71	$1,249.99
10/01/2036	$215,505.21	$2,928.70	$1,669.09	$1,259.61
11/01/2036	$214,235.90	$2,928.70	$1,659.39	$1,269.31
12/01/2036	$212,956.81	$2,928.70	$1,649.62	$1,279.08
01/01/2037	$211,667.88	$2,928.70	$1,639.77	$1,288.93
02/01/2037	$210,369.02	$2,928.70	$1,629.84	$1,298.86
03/01/2037	$209,060.17	$2,928.70	$1,619.84	$1,308.86
04/01/2037	$207,741.23	$2,928.70	$1,609.76	$1,318.94
05/01/2037	$206,412.14	$2,928.70	$1,599.61	$1,329.09
06/01/2037	$205,072.81	$2,928.70	$1,589.37	$1,339.33
07/01/2037	$203,723.17	$2,928.70	$1,579.06	$1,349.64
08/01/2037	$202,363.14	$2,928.70	$1,568.67	$1,360.03
09/01/2037	$200,992.63	$2,928.70	$1,558.20	$1,370.50
10/01/2037	$199,611.58	$2,928.70	$1,547.64	$1,381.06
11/01/2037	$198,219.89	$2,928.70	$1,537.01	$1,391.69
12/01/2037	$196,817.48	$2,928.70	$1,526.29	$1,402.41
01/01/2038	$195,404.27	$2,928.70	$1,515.49	$1,413.21
02/01/2038	$193,980.19	$2,928.70	$1,504.61	$1,424.09
03/01/2038	$192,545.13	$2,928.70	$1,493.65	$1,435.05
04/01/2038	$191,099.03	$2,928.70	$1,482.60	$1,446.10
05/01/2038	$189,641.79	$2,928.70	$1,471.46	$1,457.24
06/01/2038	$188,173.33	$2,928.70	$1,460.24	$1,468.46
07/01/2038	$186,693.57	$2,928.70	$1,448.93	$1,479.77
08/01/2038	$185,202.41	$2,928.70	$1,437.54	$1,491.16
09/01/2038	$183,699.77	$2,928.70	$1,426.06	$1,502.64
10/01/2038	$182,185.56	$2,928.70	$1,414.49	$1,514.21
11/01/2038	$180,659.68	$2,928.70	$1,402.83	$1,525.87
12/01/2038	$179,122.06	$2,928.70	$1,391.08	$1,537.62
01/01/2039	$177,572.60	$2,928.70	$1,379.24	$1,549.46
02/01/2039	$176,011.21	$2,928.70	$1,367.31	$1,561.39
03/01/2039	$174,437.80	$2,928.70	$1,355.29	$1,573.41
04/01/2039	$172,852.27	$2,928.70	$1,343.17	$1,585.53
05/01/2039	$171,254.53	$2,928.70	$1,330.96	$1,597.74
06/01/2039	$169,644.49	$2,928.70	$1,318.66	$1,610.04
07/01/2039	$168,022.05	$2,928.70	$1,306.26	$1,622.44
08/01/2039	$166,387.12	$2,928.70	$1,293.77	$1,634.93
09/01/2039	$164,739.60	$2,928.70	$1,281.18	$1,647.52
10/01/2039	$163,079.40	$2,928.70	$1,268.49	$1,660.21
11/01/2039	$161,406.41	$2,928.70	$1,255.71	$1,672.99
12/01/2039	$159,720.54	$2,928.70	$1,242.83	$1,685.87
01/01/2040	$158,021.69	$2,928.70	$1,229.85	$1,698.85
02/01/2040	$156,309.75	$2,928.70	$1,216.77	$1,711.93
03/01/2040	$154,584.64	$2,928.70	$1,203.59	$1,725.12
04/01/2040	$152,846.24	$2,928.70	$1,190.30	$1,738.40
05/01/2040	$151,094.46	$2,928.70	$1,176.92	$1,751.78
06/01/2040	$149,329.18	$2,928.70	$1,163.43	$1,765.27
07/01/2040	$147,550.32	$2,928.70	$1,149.83	$1,778.87
08/01/2040	$145,757.75	$2,928.70	$1,136.14	$1,792.56
09/01/2040	$143,951.39	$2,928.70	$1,122.33	$1,806.37
10/01/2040	$142,131.11	$2,928.70	$1,108.43	$1,820.27
11/01/2040	$140,296.82	$2,928.70	$1,094.41	$1,834.29
12/01/2040	$138,448.41	$2,928.70	$1,080.29	$1,848.41
01/01/2041	$136,585.76	$2,928.70	$1,066.05	$1,862.65
02/01/2041	$134,708.77	$2,928.70	$1,051.71	$1,876.99
03/01/2041	$132,817.33	$2,928.70	$1,037.26	$1,891.44
04/01/2041	$130,911.32	$2,928.70	$1,022.69	$1,906.01
05/01/2041	$128,990.64	$2,928.70	$1,008.02	$1,920.68
06/01/2041	$127,055.17	$2,928.70	$993.23	$1,935.47
07/01/2041	$125,104.79	$2,928.70	$978.32	$1,950.38
08/01/2041	$123,139.40	$2,928.70	$963.31	$1,965.39
09/01/2041	$121,158.87	$2,928.70	$948.17	$1,980.53
10/01/2041	$119,163.10	$2,928.70	$932.92	$1,995.78
11/01/2041	$117,151.95	$2,928.70	$917.56	$2,011.14
12/01/2041	$115,125.32	$2,928.70	$902.07	$2,026.63
01/01/2042	$113,083.09	$2,928.70	$886.46	$2,042.24
02/01/2042	$111,025.12	$2,928.70	$870.74	$2,057.96
03/01/2042	$108,951.32	$2,928.70	$854.89	$2,073.81
04/01/2042	$106,861.54	$2,928.70	$838.93	$2,089.78
05/01/2042	$104,755.68	$2,928.70	$822.83	$2,105.87
06/01/2042	$102,633.60	$2,928.70	$806.62	$2,122.08
07/01/2042	$100,495.17	$2,928.70	$790.28	$2,138.42
08/01/2042	$98,340.29	$2,928.70	$773.81	$2,154.89
09/01/2042	$96,168.81	$2,928.70	$757.22	$2,171.48
10/01/2042	$93,980.61	$2,928.70	$740.50	$2,188.20
11/01/2042	$91,775.56	$2,928.70	$723.65	$2,205.05
12/01/2042	$89,553.53	$2,928.70	$706.67	$2,222.03
01/01/2043	$87,314.39	$2,928.70	$689.56	$2,239.14
02/01/2043	$85,058.01	$2,928.70	$672.32	$2,256.38
03/01/2043	$82,784.26	$2,928.70	$654.95	$2,273.75
04/01/2043	$80,493.00	$2,928.70	$637.44	$2,291.26
05/01/2043	$78,184.09	$2,928.70	$619.80	$2,308.90
06/01/2043	$75,857.41	$2,928.70	$602.02	$2,326.68
07/01/2043	$73,512.81	$2,928.70	$584.10	$2,344.60
08/01/2043	$71,150.16	$2,928.70	$566.05	$2,362.65
09/01/2043	$68,769.32	$2,928.70	$547.86	$2,380.84
10/01/2043	$66,370.14	$2,928.70	$529.52	$2,399.18
11/01/2043	$63,952.49	$2,928.70	$511.05	$2,417.65
12/01/2043	$61,516.22	$2,928.70	$492.43	$2,436.27
01/01/2044	$59,061.20	$2,928.70	$473.67	$2,455.03
02/01/2044	$56,587.27	$2,928.70	$454.77	$2,473.93
03/01/2044	$54,094.29	$2,928.70	$435.72	$2,492.98
04/01/2044	$51,582.12	$2,928.70	$416.53	$2,512.17
05/01/2044	$49,050.60	$2,928.70	$397.18	$2,531.52
06/01/2044	$46,499.59	$2,928.70	$377.69	$2,551.01
07/01/2044	$43,928.93	$2,928.70	$358.05	$2,570.65
08/01/2044	$41,338.49	$2,928.70	$338.25	$2,590.45
09/01/2044	$38,728.09	$2,928.70	$318.31	$2,610.39
10/01/2044	$36,097.60	$2,928.70	$298.21	$2,630.49
11/01/2044	$33,446.85	$2,928.70	$277.95	$2,650.75
12/01/2044	$30,775.69	$2,928.70	$257.54	$2,671.16
01/01/2045	$28,083.96	$2,928.70	$236.97	$2,691.73
02/01/2045	$25,371.51	$2,928.70	$216.25	$2,712.45
03/01/2045	$22,638.17	$2,928.70	$195.36	$2,733.34
04/01/2045	$19,883.78	$2,928.70	$174.31	$2,754.39
05/01/2045	$17,108.19	$2,928.70	$153.11	$2,775.60
06/01/2045	$14,311.22	$2,928.70	$131.73	$2,796.97
07/01/2045	$11,492.72	$2,928.70	$110.20	$2,818.50
08/01/2045	$8,652.51	$2,928.70	$88.49	$2,840.21
09/01/2045	$5,790.44	$2,928.70	$66.62	$2,862.08
10/01/2045	$2,906.32	$2,928.70	$44.59	$2,884.11
11/01/2045	$0.00	$2,928.70	$22.38	$2,906.32
TOTAL:	-	$702,888.05	$382,888.05	$320,000.00

Change options for different scenario in the form below:

Featured New York Home Equity Rates 2025

Lender	APR (%)^?	Monthly Payment^?	Learn More
Achieve Loans	6.865 % %	$384	Learn More
Competitive rates, Pre-qualify in minutes Mortgage Advisors standing by to help find the best solution Flexible terms with fast funding Minimum credit score: 600 More Info
Offers may vary; all loan requests are subject to eligibility requirements, application review, loan amount, loan term, income verification, and lender approval. Product terms are subject to change at any time. Offers are a line of credit. Loans are not available to residents of all states and available loan terms/fees may vary by state where offered. Line amounts between $15,000 and $300,000 and are assigned based on product type, debt-to-income ratio and combined loan-to-value ratio. 10, 15, 20, and 30-year terms available. Minimum 600 credit score applies for debt consolidation requests (20 and 30 year terms require a minimum credit score of 640), minimum 700 applies for cash out requests. Fixed rate APRs range from 6.240%- 14.00% and are assigned based on underwriting requirements. Offer APRs assume automatic payment enrollment which may provide a discount (autopay enrollment is not a condition of loan approval). All terms have a 5-year draw period with the remaining term being a no draw period. Payments are fully amortized during each period and determined on the outstanding principal balance each month. Closing fees range from $750 to $6,685, depending on line amount and state law requirements and typically include origination (up to 3.5% of line amount) and underwriting ($725) fees if allowed by law. Property must be owner-occupied. CLTV ratio may not exceed 75%, including the new loan request. Property insurance is required and flood insurance may be required if the subject property is located in a flood zone. You must pledge your home as collateral. 6.240% APR requires low DTI and CLTV; a maximum loan amount of up to $150,000; 10-year term; FICO 780+; and automatic payment enrollment. Contact Achieve Loans for further details. Equal Housing Opportunity.
AmeriSave Mortgage Corporation	Home Equity Loans & Refinance – Cash out		Learn More
Home Equity Loans & Refinance – Cash out Customized rate quote with no impact to credit Low Rates, Quick Approvals, Wide Range of Products Over 100 Billion Funded. 22 Years in Business More Info
• Home Equity Loans & Refinance – Cash out • Customized rate quote with no impact to credit • Low Rates, Quick Approvals, Wide Range of Products • Over 100 Billion Funded. 22 Years in Business
Figure Home Equity Line Equal Housing Lender	HELOC approval in 5 minutes, funding in 5 days. Borrow up to $750k online.		Learn More
Fastest way to turn home equity into cash Flexible terms, redraw up to 100%, borrow $15k-$750k Approval in as little as 5 minutes. Funding in as few as 5 days. Use to consolidate debt or finance your next home project More Info
The Figure Home Equity Line is an open-end product where the full loan amount (minus the origination fee) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw. Approval may be granted in fi ve minutes but is ultimately subject to verifi cation of income and employment, as well as verifi cation that your property is in at least average condition with a property condition report. Five business day funding timeline assumes closing the loan with our remote online notary, and where loan amounts are under $400,000 which would not require an appraisal. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing, or that require a waiting period prior to closing, or where loan amounts exceed $400,000.
Upstart	As low as 6.52% APR on your initial draw*		Learn More
As low as 6.52% APR on your initial draw* Get your money up to 10x faster than the industry standard Fixed rate on each draw No paperwork needed to apply More Info
1. APRs for initial advances range from 6.77% to 18.00% based on funded HELOCs as of September 2024. Your actual rate will depend on many factors such as your credit history, loan-to-value ratio, line amount, loan term, lien position, and property state. The lowest rates are only available to the most qualified applicants. The APR is variable, but the APR that will apply to each draw will be fixed on the date the draw is made. 2. As of October 2024, 10% of funded HELOCs achieved a closing timeline in as little as 3 days or less and a funding timeline in as little as 9 days or less. This timeline assumes consumers close with our remote online notary, provide supporting documentation promptly, and ensure the information provided is accurate and consistent with our verification process. Delays, discrepancies, and other unforeseen factors may impact the closing timeline. MBA’s 2024 Home Lending Study reports an average industry closing time of 31 days. 3. A Home Equity Line of Credit has a variable rate. The APR may change, but the APR that will apply to each draw will be fixed on the date the draw is made. Your APR will be the Prime Rate at the time of draw plus a margin fixed for the life of the HELOC.
Spring EQ	The leader for homeowners tapping cash from their homes since 2016.		Learn More
Access up to 90% of your home's equity, up to a maximum of $500,000. FIXLINE: The flexibility of a HELOC with the stability of a HELOAN. A fixed rate for life- no need to worry about fluctuating rates. We make it easy - and fast - to access your cash (as little as 11 days). More Info
About Spring EQ’s Rates and Terms Spring EQ LLC NMLS ID #1464945 (nmlsconsumeracces.org). No prepayment penalty. No need to refinance your first mortgage. Closed-end fixed rate loans and fixed and adjustable rate HELOC options are available. Spring EQ is an Equal Housing Lender. These results are for informational purposes only. This offer is an invitation to apply for an offer for credit or a loan and should not be construed as an indication of eligibility or a binding underwriting decision. Rates are subject to change based on market conditions and the entries of your specific application. All loans are subject to $995 origination fee and annual fee of $99 (except in certain states, where fees may be lower or not applicable), plus third-party fees. Monthly payment shown reflects monthly principal and interest amortized over the term of the loan based on the initial draw amount. Spring EQ applicants are required to provide a current and valid completed application, proof of income, mortgage statement, property hazard insurance, and a photo ID. Any pre-qualification or result is in no way a pre-approval, indication of eligibility, or binding underwriting decision. All borrowers are required to meet Spring EQ's current underwriting guidelines including verifications of applicant’s credit profile and property value, $25,000 initial draw requirement OR 75% of the line amount (whichever is greater), a FICO score of 640 or greater, and a debt-to-income ratio of less than 50%. Actual rate and APR for qualified borrowers will be determined by a combination of factors, including their creditworthiness as determined by a single credit bureau pull, loan amount requested, property value, and more. In addition to these, other factors specific to applicants' profile and Spring EQ's Underwriting Guidelines may impact rate and eligibility. Offers subject to origination fees based on loan type and property state.
Unlock Technologies, Inc.	Get cash now in exchange for a percentage of your homes future equity.		Learn More
No monthly payments or interest charges Minimum Credit score: 500 Access up to $500k No need to refinance More Info
Unlock isn't a lender & doesn't offer loans, so you don't need perfect credit to apply! No Additional Debt!
Rate	Find what’s best for you: HELOC, Home Equity Loan, Cash Out Refi		Learn More
Nation's #2 retail mortgage lender in 2024. Apply in 5 minutes, get your money in as fast as 5 days. Digital application experience. No in-person appraisal needed. More Info
A Guaranteed Rate HELOC is secured with your home as collateral, whereas personal loans and credit cards are not. To check the rates and terms you qualify for, we will conduct a soft credit pull that will not affect your credit score. However, if you continue and submit an application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit. Approval may be granted in five minutes but is ultimately subject to verification of income and employment, as well as verification that your property is in at least average condition with a property condition report. Five business day funding timeline assumes closing the loan with our remote online notary. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing. Guaranteed Rate Home Equity Line is an open-end product where the full loan amount (minus lender, broker, third party, and governement fees, as applicable) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw.
Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Click here for more information on rates and product details.

Home Equity Loan product from Spokane Teachers Credit Union - Amortization Schedule Calculator

Home Equity product from Spokane Teachers Credit Union

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