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Hamilton Bank | Together. Let's Grow

Loan Details

Available for Owner Occupied Primary Residence only

Rates are accurate as of November 19, 2014

Term Rate APR Monthly Payment per $1,000 Borrowed
3 years 2.900% 2.906% 29.04
5 years 4.000% 4.004% 18.42
10 years 4.375% 4.377% 10.30
15 years 4.625% 4.626% 7.71
20 years 5.000% 5.001% 6.60

Terms

  • Loan Amount: $10,000.00 – $1,000,000.00
  • Closing Costs apply and typically range from $650 – $1,650 for loan amounts between $10,000.00 and $99,999.99  and $1,650 – $12,755 for loan amounts of $100,000 or more depending on loan amount and location of property.
  • LTV: Maximum Loan to Value may not exceed 80%. (LTV calculated using appraisal value x.80 minus 1st mortgage principal balance)

Disclaimer

  • Annual percentage rate (APR) is calculated with loan balance assumption of $200,000.00.
  • Rates are subject to change

Have a home equity loan question?  Contact a Lending Specialist today.

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