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RatesHome Equity LoansYou choose the home equity loan to suit your needs. If you are looking to consolidate debt, pay off another home equity line-of-credit, or want a one-time advance, then our fixed-rate home equity loan will be right for you. But, if you want to access your home equity loan for things like home improvement projects and tuition bills, consider our adjustable-rate home equity loan.
1st Lien Home Equity (no current mortgage on property)Rates effective May 20, 2013| Account Type | Rate | APR | Monthly Payment | | | | 3 Year Fixed | 2.990% | 4.271% | $290.77 | |  | | | 5 Year Fixed | 3.125% | 3.911% | $180.25 | | | | | 7 Year Fixed | 3.250% | 3.821% | $133.27 | | | | | 10 Year Fixed | 4.000% | 4.414% | $101.26 | | | See below for disclosures.
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2nd Lien Home Equity (has current mortgage)Rates effective May 20, 2013| Account Type | Rate | APR | Monthly Payment | | | | 3 Year Fixed | 3.990% | 5.279% | $295.20 | | | | | 5 Year Fixed | 4.125% | 4.918% | $188.34 | | | | | 7 Year Fixed | 4.250% | 4.829% | $137.85 | | | | | 10 Year Fixed | 5.000% | 5.422% | $106.08 | | | See below for disclosures.
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Home Equity Line of CreditRates effective May 20, 2013| Account Type | Rate | Monthly Payment | | | | Adjustable Rate HELOC** | Prime Rate + 0% | Interest or minimum of $25 balloon payment after 10 years | | |
*Annual Percentage Rate. NHFCU may lend to members only. Rates and terms are subject to change without notice. All loans are subject to credit requirements. Minimum loan amount of $10,000. Closing costs incurred and may vary based on lien position.
**HELOC rate adjusts on the first day of the month based on Prime Rate plus 0 as published in the Wall Street Journal. Floor rate of 8.00% with a maximum rate of 18%.
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