Review current home equity loan rates and HELOC rates for January 27, 2021. The lender table below enables you to compare home equity loan and HELOC interest rates and fees for leading lenders in your area. The table enables you to compare both financing options side-by-side so you can understand the difference in pricing for home equity loans and HELOCs.
Home equity loans usually have a fixed interest rate for a certain number of years while HELOCs usually have a low starting interest rate that increases after six months or a year. The loan amount for a home equity loan is fixed while you can drawdown and repay a HELOC an unlimited number of times.
Use the search menu to review updated interest rates, monthly payments and important loan terms based on your loan amount, combined loan-to-value ratio and other factors. Contact multiple lenders to find the best home equity loan or HELOC terms including the lowest rates and costs.