HELOC calculator

APR = Annual Percentage Rate. APR rates may vary based on the Wall Street Journal Prime Rate and can adjust quarterly but will never exceed 18.00% APR or go below 2.99% APR.  The APR is a combination of the prime rate plus a margin, which is determined when you apply and based on several factors, including your creditworthiness. APR reflects discounts up to 0.50%. Discounts individuals may qualify for are a 0.25% discount with automatic payment from Numerica checking account and/or a 0.25% discount with a Numerica Visa credit card or another Numerica loan. All fees/costs, except full appraisal if required, are typically paid by Numerica if the loan amount is less than $250,000. Full appraisal is required for loan amounts exceeding $250,000, manufactured homes, land greater than 20 acres, investment properties, or underwriter discretion. Investment property and bridge-purpose loans are subject to all fees/costs. Fees/costs to open HELOC generally range between $0 to $1,500. HELOCs are subject to recovery charges if closed within two years of origination. Recovery charges are the lesser of total third-party costs paid by Numerica or $500. 10-year draw period with a 15-year repayment period, variable rate throughout. Interest-only payments during the draw period, $75 minimum payment. All loans subject to approval. Additional terms and conditions may apply. Rates, terms, and conditions are subject to change.