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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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5.99 % |
Up to 84 months with auto debit from an FNB account* |
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6.25 % |
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 $381.92 per month.
At 5.99%, the payment for each $1000 borrowed over
a period of 84 months is $14.60. For a $20,000 loan at 5.49%
for 84 months, the payment would be $292.07 per month.
At 6.25%, the payment for each $1,000 borrowed over
a period of 240 months is $7.31. For a $20,000 loan at 6.25% for
240 months, the payment would be $146.24 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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