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Texas home equity loan. ME EQUITY COMPARISON CHART Check Current Home Equity Rates & 160; If the property you are using to secure a home equity loan is located in Texas, this Comparison Chart will show you the benefits and features of each home equity loan that Wachovia offers for that state. Features and benefits Prime Equity Line Home Equity Loan Adjustable Rate Home Equity Loan Product Description A flexible line of credit against the equity in your home that you can draw from when you need it. Borrow a specific dollar amount against the equity in your home, with a fixed rate. Borrow a specific dollar amount against the equity in your home, with an initial fixed rate term, then an adjustable rate for balance of the loan term. 1 Primary Purpose Home improvements Educational expenses Major purchases Refinance existing mortgage Purchase requests for residential real estate Bill consolidation2 Home improvements Educational expenses Major purchases Refinance existing mortgage Purchase requests for residential r texas home
 

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Eal estate Bill consolidation2 Home improvements Educational expenses Major purchases Refinance existing mortgage Purchase requests for residential real estate Home Ownership Required Yes Yes Yes Interest Rate Option Variable with Alternate Payment Options 3 Email This Page Printer Friendly Version 1 For example, a $100,000 Adjustable Rate home equity loan with a term of 360 months and an initial fixed term of 3 years (other initial fixed terms are available) at an interest rate of 7.01% (7.11% APR) for 36 months would have a monthly payment of $672.66. Thereafter, 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 texas home


texas home equity loan:

texas home equity loan Months texas home equity loan, an interest-only period of 3 years (other periods are available) texas home equity loan, a first-payment due date 30 days after loan closing and an interest rate of 7.84% (7.94% APR) would have a monthly interest-only payments ranging from $607.42 to $672.51 (based on a 31 day month) for 36 months. At the beginning of the fourth year texas home equity loan, the loan amortizes to a principal and interest payment of approximately $750.78. Other rates and terms available. Products not available in all states. 9 For example texas home equity loan, a $100 texas home equity loan, 000 adjustable-rate home equity loan with a term of 360 months texas home equity loan, an interest-only period of 3 years (other periods are available) texas home equity loan, a first payment due date 30 days after l texas home equity loan.

texas home equity loan Oan closing and an interest rate of 7.21% (7.31% APR) would have a monthly interest-only payment range of $558.61 to $638.41 for 36 months. At the beginning of the fourth year texas home equity loan, 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 texas home equity loan, Eastern Edition) plus the margin stated in the Note texas home equity loan, 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 texas home equity loan, 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% texas home equity loan, the monthly payment could rise to a maximum of approximately $1 texas home equity loan, 144.49. Other rates and terms available. Products not available in all states. 10 For example texas home equity loan, a 30-year fixed rate loan of $100 texas home equity loan, 000 with a 6.00% interest rate (6.093% APR) would have the following terms: 360 monthly principal and interest payments of $599.55. The disclosed APR .

texas home equity loan Nding on the initial fixed term chosen.) If the interest rate were to increase by 2.00% after the initial fixed term texas home equity loan, 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% texas home equity loan, the monthly payment could rise to a maximum of approximately $1 texas home equity loan, 144.49. Other rates and terms available. Products not available in all states. 10 For example texas home equity loan, a 30-year fixed rate loan of $100 texas home equity loan, 000 with a 6.00% interest rate (6.093% APR) would have the following terms: 360 monthly principal and interest payments of $599.55. The disclosed APR a.

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texas home equity loan
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