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Home loan comparison chart - credit.comChart equity home loan rate. Payment range of $558.61 to $638.41 for 36 months. At the beginning of the fourth year, the interest rate applicable to the remaining balance will be based on an index (the London InterBank Offered Rate as published in The Wall Street Journal, Eastern Edition) plus the margin stated in the Note, and the monthly payment will change annually according to the terms of the Note. The interest rate cannot increase or decrease more than 2.00% annually at the end of the initial fixed-rate period or more than 6.00% over the life of the loan. (Different interest caps may apply depending on the initial fixed term chosen.) If the interest rate were to increase by 2.00% after the initial fixed term, your payment would increase from approximately $638.41 to $846.01 at the beginning of the fourth year and could adjust every year thereafter. If the interest rate were to increase by the maximum of 6.00%, the monthly payment could rise to a maximum of approximately $1144.49. Other rates and terms available. Products not available in all states. 11 For example, a 30-year fixed rate loan of $100,000 with a 6.00% interest rate (6.09% APR) would have the following terms: 360 monthly principal and interest payments of $599.55. The disclosed APR assumes the borrower will pay 1% at the time of origination and non-bank closing costs. Other rates and terms are available. 12 Visa access card available where allowed by applicable state law. Visa Platinum card is a registered service mark of Visa International, Inc. All loans and lines of credit are subject to credit approval, verification, and collater![]() |
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