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Home Equity Loans
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Fixed Annual Percentage Rate |
Term
of Loan |
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5.49 % |
Up to 60 months with auto debit from an FNB account* |
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6.24 % |
Up to 120 months with auto debit from an FNB account* |
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6.49 % |
Up to 180 months with auto debit from an FNB account* |
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6.99 % |
Up to 240 months with auto debit from an FNB account* |
*Other rates available for loans without auto debit
from an FNB account. Give us a call.
At 5.49%, the payment for each $1000 borrowed over
a period of 60 months is $19.10. For a $20,000 loan at 5.49% for
60 months, the payment would be $381.98 per month.
At 6.24%, the payment for each $1000 borrowed over
a period of 120 months is $11.23. For a $20,000 loan at 6.24%
for 120 months, the payment would be $224.51 per month.
At 6.49%, the payment for each $1,000 borrowed over
a period of 180 months is $8.57. For a $20,000 loan at 6.49% for
180 months, the payment would be $171.43 per month.
At 6.99%, the payment for each $1,000 borrowed over
a period of 240 months is $7.75. For a $20,000 loan at 6.99% for
240 months, the payment would be $155.00 per month.
Interest on a home equity loan may be tax deductible.
Please consult a tax advisor.
Closing costs of $135 will apply.
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