HEB Advantage Interest Rates
HomeEquity Bank Prime Rate: 4.45%
The following is a summary of the current HEB Advantage interest rates and terms offered by HomeEquity Bank.
| Term | Posted Rate | Closing Fee1 | Annual Percentage Rate (APR)2 |
|---|---|---|---|
| Variable3 | 7.11% | $1,795 | 7.13% |
| 6-month | 6.99% | 7.01% | |
| 1-year | 7.59% | 7.60% | |
| 3-year | 7.29% | 7.30% | |
| 5-year | 7.54% | 7.55% |
1 These fees may vary based on individual circumstances.
2 APR is the estimated cost of borrowing for 5 years expressed as an annual percentage. This scenario is based on a mortgage of $150,000, a monthly interest payment of $361, and includes the applicable closing costs ($1,795 closing fee, $850 ILA fee, and $425 appraisal fee).
3 Variable (Posted) refers to the HomeEquity Bank Prime rate plus a fixed spread of 2.66%. The fixed spread is guaranteed for 5 years.