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Fixed Rate Home Equity Annual Percentage Rates
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Fixed Rate Home Equity Annual Percentage Rates


Interest Rates are effective as of May 13, 2008.

 

Fixed Rate Home Equity Annual Percentage Rates (APR)

Term APR SimplyNOW/Evans Plus** APR
5 Years6.75%6.50%
10 Years7.25%7.00%
15 Years7.50%7.25%
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Interest Rate and Annual Percentage Rate (APR) may change.
*APR when maintaining an SimplyNOW/Evans Plus Account.

Your loan is secured by a mortgage on your home and mortgage insurance is required. If your home equity mortgage is discharged within four years of origination, closing costs must be returned to the bank. Based on a $10,000 fixed rate home equity for 5 years at 6.75%, your monthly payment would be $196.83.

Consult a tax advisor regarding deductibility of interest. Other mortgage loans and home equity lines of credit are available.

FDIC Equal Housing Lender