Compare Home Equity Options

Explore the different features of home equity loans and lines of credit to help decide what's best for you. 

Home Equity Loan

Loan Details

Home Equity Line of Credit

Loan Details

Best If...

You want cash in one lump sum with steady repayments.

You want ongoing access to cash similar to a credit card.


Fixed Rate

Variable Rate (with option to lock rate)


5, 10 or 15 years

5-year draw period, then take up to 15 years to repay

Minimum Amount

$5,000 loan

$5,000 line of credit

Annual Fee



Closing Costs*

$0 in most situations

$0 in most situations

Prepayment Penalties



Next Steps

Request a Call View Rates

Get Started View Rates