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Vermont home equity loan rates - bestrate.comTe loan - your interest rate and your payment stay the same for the life of your loan. The loan can be written with a repayment schedule from 6-15 years, and it's secured by a mortgage on your home. Closed Term - Primary Residence and Second Home Line of Credit - Primary Residence and Second Home Closed Term - 1 to 4 Family Investment Property Line of Credit - 1 to 4 Family Investment Property Closed Term - Primary Residence and Second Home The Home Equity Loan is a fixed-rate loan - your interest rate and your payment stay the same for the life of your loan. The loan can be written with a repayment schedule from 6-20 years, and it's secured by a mortgage on your home. Rates posted 11 8 2006, but may change at any time. Type LTV PaymentPeriod(Years) APR Monthly Paymentper $1000 Borrowed Fixed < 90% 6 6.50% $16.81 Fixed < 90% 10 6.75% $11.48 Fixed < 90% 15 7.00% $8.99 Fixed < 90% 20 7.25% $7.90 Line of Credit - Primary Residence and Second Home The Home Equity Line of Credit product has an adjustable rate feature. The Annual Percentage Rate is based on the Prime Rate, as published in the Wall Street Journal Money Rate section, and may adjust monthly. The maximum Annual Percentage Rate that may apply within the life of the loan is 18%. Our Line of Credit offers a 12-year draw period and a 15-year repayment period after your draw period expires. Rates posted 11 8 2006, but may change at any time. Type LTV PaymentPeriod(Years) APR Monthly Paymentper $1000 Borrowed Line of Credit <= 80% 27 Prime - 0.25%(8.00%) Line of Credit < 90% 27 Prime(8.25%) Closed Term -![]() |
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