Get home equity loan payment estimates with U.S. Bank's home equity loan calculator. check terms & rates for a home equity line of credit today!

 · Rates current as of August 1, 2018. A home equity line of credit or HELOC is a revolving credit line secured by the equity in your home. Depending on the amount of your loan, take up to 20 years to repay the loan. During the draw period of 10 years, you choose when and how much to draw.

Minimum required line amount for the APR listed above is $100,000 with a Combined Loan-To-Value (CLTV) ratio of 70% or less, and includes a 0.25% interest rate reduction obtained if payment is automatically deducted from a SunTrust checking, savings or money market account using a recurring, automatic payment.

Learn more about Home Equity Lines of Credit All loan and line of credit rates are determined by credit union management and are subject to change at any time. All services offered by the credit union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, credit union bylaws, and all regulations, rules and.

how buying a foreclosed home works what houses qualify for usda loan refinance vs home equity loan calculator U.S. Bank |Second Mortgage vs. Home Equity Loan – What is a second mortgage? A second mortgage is another loan taken against a property that is already mortgaged. Many people consider using their home equity to finance large financial needs, but mortgage industry jargon has confused the meaning of certain terms – including second mortgage home equity loan and home equity line of credit (HELOC).A second loan, or mortgage, against your house.