Home Equity Debt Invaders
You know your home’s equity can be used for home improvement and repairs, but did you also know it’s also an effective debt reduction tool?
A fixed-rate home equity loan at Front Royal FCU helps you to pay off high-interest credit card or personal loan debt sooner, or cover unexpected large expenses such as a hospital bill. With a rate as low as 3.00% APR,* you can really make a dent in your debt and pay less in interest overall! Plus, you enjoy one convenient monthly payment at your local credit union instead of keeping track of multiple bills.
MONTHLY PAYMENT EXAMPLES:
- Pay off $10,000 in debt for as low as $179.69/month*
- Pay off $15,000 in debt for as low as $269.53/month*
- Pay off $20,000 in debt for as low as $359.37/month*
Put your home to work for you in zapping debt and achieving financial freedom faster. Contact us today by completing the form below!
*APR = Annual Percentage Rate. Actual rates may vary based upon one or more of the following: credit rating, value of collateral, LTV and term. The final APR will be based on the final loan amount and applicable finance charges paid by the member including appraisal, flood determination fee, and closing costs. Monthly payment examples based on $10,000, $15,000, and $20,000 loan amounts at lowest 3.00% APR over 5-year term. Maximum LTV is 80%. Minimum loan amount is $10,000, maximum is $325,000. Maximum term 15-years. Membership required. Offer available April 1, 2018 – June 30, 2018. Current home equity loans not eligible for this promotion. Rates subject to change at any time. See credit union for details. The following rates are as of 04/01/2018 and assume a loan amount up to $20,000 and a loan-to-value (LTV) of 80% or less, and second lien position. Minimum qualifying credit score is examined by the credit union on a case-by-case basis. Equal Housing Lender.