Thinking about doing a few home improvements? Buying a new vehicle? Consolidating high-interest debt? Turn your thoughts into action with a home equity loan offering excellent rates, low flat-rate closing costs, and potential tax benefits.
Fixed-Rate Home Equity
> Closing costs of $345 include appraisal fee, title work fee, and satisfaction of mortgage fee
> Loans up to 90% loan-to-value
> Terms up to 20 years
> No prepayment penalties
> No annual fees
> Available for properties in Minnesota and Wisconsin
> Interest may be tax-deductible. Consult a tax advisor regarding the deductibility of interest.
| LTV up to 80% |
|
| up to 60 months as low as |
5.25% |
| up to 84 months as low as |
5.50% |
| up to 120 months as low as |
5.75% |
| up to 180 months as low as |
6.25% |
| up to 240 months as low as |
6.50% |
|
A loan payment of 240 months at 6.50% APR would be $7.46 PER $1,000 borrowed.
|
| LTV up to 90% |
|
| up to 60 months as low as |
6.25% |
| up to 84 months as low as |
6.50% |
| up to 120 months as low as |
6.75% |
| up to 180 months as low as |
7.25% |
|
A loan payment of 180 months at 7.25% APR would be $9.13 PER $1,000 borrowed.
|
| *APR is the Annual Percentage Rate, effective May 1, 2008, and is subject to change. There is no annual fee with this product. A closing fee on Real estate loans of $345 is payable by the member. Minimum payment example: If you made only the minimum monthly payment it would take 10 years to pay off a loan of $10,000 at an APR of 5.75%. During that period, you would make 120 payments of $109.78. |
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