Home Equity Rates

Check out our competitive rates on any of our loan or share account products. We also have a variety of interactive calculators that can help you plan for your future. You may also apply online for a number of our products and services.

Annual Percentage Rates (APRs) are effective as of March 31, 2014, and are subject to change.

Home Equity Line of Credit Rates 5

Loan to Value 3MarginAPR
Up to 80%-0.750%2.99%

5, 10, 15 Year Home Equity Loan Rates 1

TermLTV 2APR 3Monthly
per $1,000 4
5 YearsUp to 80%3.50%
10 YearsUp to 80%3.99%
15 YearsUp to 80%4.50%
5 Years80.01% to 100%5.99%
10 Years80.01% to 100%6.50%
15 Years80.01% to 100%6.99%

20 Year Home Equity Loan Rates

TermLTV 2APR 3Monthly
per $1,000 4
20 Year FixedUp to 80%4.99%
7/20 ARMUp to 80%4.75%

  1. Home Equity loan rates shown are for loans secured by a member’s primary residence. Single family owner occupied vacation properties have a maximum LTV of 80%. Rates and terms vary for loans secured by other types of property. The stated rates for loans up to 80% LTV reflect a ¼% discount for automatic payment from a PFFCU account. Loans exceeding 80% LTV require automatic payment and are not eligible for discount in APR.
  2. LTV is calculated based upon your loan amount plus any outstanding liens. This combined amount is divided by the appraised value of your home. The resulting ratio will be a factor in determining your interest rate and how much you can borrow. For LTV ratios of 80.01% – 100% the maximum PFFCU home equity loan amount is $50,000.
  3. Advertised APRs do not reflect all possible rates. Your rate will depend upon your Loan-To-Value ratio (LTV), the term of the loan, the loan amount and credit score.
  4. To compute the monthly payment for a specific borrowed amount, multiply the per $1,000 payment factor by the number of thousand dollars borrowed. For example, if you borrow $30,000, multiply 30 by the figure specified next to the specific loan product.
  5. Home Equity Line of Credit rate reflects ¼% discount for automatic payment from a PFFCU account. The APR for HELOCs may not exceed the highest rate permitted by the National Credit Union Administration (currently 18%). The minimum APR that can apply during the term of this Line of Credit is 2.99%. The current Prime Rate is 3.25%, as of 06/16/2014. APR= Prime Rate – Margin. A Home Equity Line of Credit is a secured loan using your primary residence as collateral.