Home Equity Loans Payment Examples

The chart below uses our current first lien interest rate.  Please use the "How Much Will My Loan Payments Be?" calculator in the Personal section of the loan calculators page to figure your exact amount.

Requirements Loan Amount First Lien - APR* Loan Term Monthly Payment
20% Equity Required $20,000 5.25% 10 years $214.58
                 " $20,000 5.25% 15 years $160.78
                 " $20,000 5.25% 20 years $134.77
                 " $35,000 5.25% 10 years $375.52
                 " $35,000 5.25% 15 years $281.36
                 " $35,000 5.25% 20 years $235.85
                 " $50,000 5.25% 10 years $536.46
                 " $50,000 5.25% 15 years $401.94
                 " $50,000 5.25% 20 years $336.92

 

 

 

 

 

 

 

*APR means Annual Percentage Rate. These rates were effective May 17, 2018. Rates and terms are subject to change without notice. All loans subject to credit union approval.

 

The second chart uses our current second lien interest rate.  Please use the "How Much Will My Loan Payments Be?" calculator in the Personal section of the loan calculators page to figure your exact amount.

Requirements Loan Amount 2nd Lien - APR* Loan Term Monthly Payment
20% Equity Required $20,000 7.25% 10 Years $234.80
                " $20,000 7.25% 15 Years $182.57
                " $20,000 7.25% 20 Years $158.08
                " $35,000 7.25% 10 Years $410.90
                " $35,000 7.25% 15 Years $319.50
                " $35,000 7.25% 20 Years $276.63
                " $50,000 7.25% 10 Years $587.01
                " $50,000 7.25% 15 Years $456.43
                " $50,000 7.25% 20 Years $395.19

 

 

 

 

 

 

 

*APR means Annual Percentage Rate. These rates were effective May 17, 2018. Rates and terms are subject to change without notice. All loans subject to credit union approval.

 

Abilene Teachers FCU - NMLS# 494022.