|
 |
|
|
|
|
|
|
|
Fixed
Home Equity Loan |
|
Variable
Rate Home Equity Line of Credit |
|
Line
of Credit |
|
N/A |
|
$40,000 |
|
Balance |
|
$40,000 |
|
$40,000 |
|
Rate |
|
4.00% |
|
3.75% |
|
Term |
|
120
months |
|
N/A |
|
Monthly
Payment* |
|
$
409.98*(interest
and principal) |
|
$129.99*
(interest only) |
*all payment amounts are
approximate |