Home Equity Loan
Home Equity Line of Credit
||0.000% to 1.240%
||3.250% to 4.490%
5/10-Year Home Equity Loan
|Initial 60 months
|Remaining 120 months
1 Displayed interest rates are based upon a 30-day lock for a
loan on a primary residence with a minimum FICO score of 740 and a
combined loan to value of 80%. This information is accurate as
of May 25, 2013 and is subject to change without notice. Individual
interest rates will vary depending upon loan details such as
combined loan to value, credit history, property type and
occupancy. Stated interest rates do not constitute an offer to
enter into an interest rate agreement.
2 Annual Percentage Rate (APR).
3 Payment amount represents principal and interest payments
based upon the noted term and interest rate and a loan amount of
$100,000. Payment information specific to 5/10-year home equity
loan terms: Initial 60-month (5-year) APR is fixed with an
amortized payment based on 180 months (15 years). Remaining
120-month (10 years) payment is based on Prime Rate plus a margin.
Click here to see full
5/10-year home equity loan disclosure.
4 Prime rate as published in the Wall Street Journal Money Rates
Table. As of May 25, 2013 the Prime rate is 3.25%.
5 Margin varies based upon combined loan to value, credit
history, property type and occupancy. Margin reflected above
does not include auto pay discount of 0.25% from Univest checking
or savings account.
6 Annual Percentage Rate (APR) reflects current prime rate plus
the margin. Maximum APR over the life of the home equity line
of credit is 18.00%. Maximum APR over the life of the 5/10-year
home equity loan is 6.00% above the initial rate.