* Annual Percentage Rate ** With auto debit from Town Center Bank checking account **
Home Equity Line of Credits and Home Equity Installment Loans
Prime is the Prime Rate as published in the Wall Street Journal
15 Year Term Home Equity Lines (This has a variable rate feature)
Current Prime Rate is 3.25%
Monthly interest payment required. The outstanding balance is due at maturity. A tax advisor should be consulted regarding the tax deductibility of interest.
$10,000.00 - $24,999.99
Prime plus 1.00% ***
$25,000.00 - $49,999.99
Prime plus .50% ***
$50,000.00 - $300,000
Prime plus .25% ***
Home Equity Installment Loans With Auto Debit Without Auto Debit
Up to 80% LTV 6.74% APR* 6.99% APR* 12 - 60 months
Up to 80% LTV 7.74% APR* 7.99% APR* 60 - 120 months
No start up cost for Home Equity Line of Credit or Home Equity Loan
*Annual Percentage Rate
For Home Equity Lines of Credit - $30 annual fee $350.00 early termination fee if closed prior to 24 months ***Minimum Interest rate is 4.50% per annum. Maximum Interest Rate is 18% per annum
