HOME EQUITY LOAN FEATURES
| A simple installment loan
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Fixed rate installment loan that lets you access the available equity in your home
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Terms of 5, 10, 15, and 20 years available
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No prepayment penalties for paying early or extra toward principal
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Funds available four (4) business days after closing
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Local, personal service and multiple locations across Austin, Round Rock, and Cedar Park
HOME EQUITY CALCULATORS
| Crunch numbers before you apply
These calculators are for illustrative purposes only, and are based on information provided by the user. Accuracy is not guaranteed. All loans are subject to
approval. Your actual APR (“Rates”) and terms may vary.
For Home Equity Loan calculations, the monthly payment calculations reflect only principal and interest, and amounts for taxes and insurance, if applicable, may
increase your actual payment. The calculators will display results based on the currently available Rate and/or loan terms.
For Home Equity Line of Credit calculations, the draw period payment is interest-only payment, while the Repayment period payment includes both principal and
interest. The calculators will display results based on the currently available APR and/or loan terms.
HOME EQUITY LOAN RATES
| Save money with Amplify
Rates Effective as of March 15th, 2017
| Credit Score |
60 Months
APR1 |
120 Months
APR1 |
180 Months
APR1 |
240 Months
APR1 |
| 780 + |
3.25% |
3.93% |
4.02% |
5.01% |
| 730 - 779 |
3.57% |
4.53% |
4.82% |
5.26% |
| 680 - 729 |
4.07% |
5.43% |
5.52% |
5.81% |
| 640 - 679 |
5.07% |
6.43% |
7.02% |
8.01% |
| 600 - 639 |
7.07% |
7.53% |
7.52% |
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IDEAL USES FOR HOME EQUITY
| Make the most of your biggest asset
Home Improvement
Many homeowners use their home equity for home improvements such as solar panel purchase and installation, swimming pool installation or repair, landscaping, renovations, new roof, or even room add-ons.
Loan Consolidation
Many people find it easier to consolidate their loans into a single, fixed rate loan with one monthly payment instead of making multiple, higher-interest payments to multiple lenders each month.
Other Common Home Equity Uses
Using home equity to finance large expenses such as school tuition, medical costs, new furniture, new appliances, or even a second home or investment property is a great way to get a low, fixed interest rate.
TIPS FOR FINANCIAL SUCCESS
| Because your financial success is ours
What is a Home Equity Loan?
Overview of home Equity Loan basics, how home equity loans work in Texas, and how to get your home equity loan.
Common Uses for Home Equity Loans
From financing big projects to paying for unexpected expenses, read about common home equity loan uses here.
How to Finance a New Swimming Pool
Financing and installing a new swimming pool is a big project! Read these tips before you dig.
How to Calculate Home Equity
Everything you need to know when it comes to calculating your available home equity in Texas.
1. APR is Annual Percentage Rate. Loans Subject to approval. Combined Loan-to-Value (CLTV) cannot exceed 80% of your home’s value. Interest on your Home Equity loan
may be tax-deductible – please consult your tax advisor regarding the deductibility of interest for details. Property Insurance, including flood insurance as needed, is
required to be maintained by the borrower. Additional terms, conditions, and restrictions may apply. Amplify Membership required. Federally insured by NCUA.