Use the calculator below to calculate your monthly home equity line of credit payment. You can adjust loan amount,
interest rate, and the home equity line of credit 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 line of credit.
Featured Ohio Home Equity Rates 2024
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Third Federal Savings and Loan
Equal Housing Lender
Conditions… Variable APR of Prime minus 1.01% in all states. Min loan amount $10,000. Max loan amount $200,000. 30-year term. Annual fee waived for the first year. See conditions for guarantee at thirdfederal.com.
Home Equity Lines, Refinance, & Second Mortgages
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Over $100 Billion Funded. 21 Years in Business
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.
Data provided by Icanbuy, LLC. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.