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What Is a Fixed-Rate Equity Loan?

Our Fixed-Rate Equity Loan is a great option if you need money for a one-time expense. You'll get a lump sum amount at closing. With a fixed interest rate for the life of the loan and set monthly payments, you’ll know exactly what to expect.


  • Ability to borrow up to 100% of your home’s equity1
  • Fixed rate with set monthly payments
  • Lump sum amount available at closing
  • 5-, 10-, 15- and 20-year terms available

Common Uses of Fixed-Rate Equity Loans

  • Home Improvements and Repairs
  • Debt Consolidation
  • Large Purchases
  • Life Events

Home Equity Loan Features

  • Personal guidance from first call to closing
  • Interest that may be tax deductible2
  • No application or origination fee
  • Navy Federal servicing for the life of your loan


Learn More about Home Equity Offers & Benefits

Fixed-Rate Home Equity Loan Rates3

Home Equity Loan Rates
Loan Type APR as Low as Minimum/Maximum Loan Amount Maximum CLTV
Fixed Equity 5 Yrs. 4.990% $10,000 - $500,000 70%
Fixed Equity 5 Yrs. 5.490% $10,000 - $500,000 80%
Fixed Equity 5 Yrs. 6.990% $10,000 - $250,000 90%
Fixed Equity 5 Yrs. 7.490% $10,000 - $150,000 95%
Fixed Equity 5 Yrs. 7.990% $10,000 - $100,000 100%
Fixed Equity 10 Yrs. 5.300% $10,000 - $500,000 70%
Fixed Equity 10 Yrs. 8.300% $10,000 - $100,000 100%
Fixed Equity 15 Yrs. 5.600% $10,000 - $500,000 70%
Fixed Equity 15 Yrs. 8.600% $10,000 - $100,000 100%
Fixed Equity 20 Yrs. 6.000% $10,000 - $500,000 70%
Fixed Equity 20 Yrs. 8.500% $10,000 - $150,000 95%

Combined Loan-to-Value Ratio: CLTV is a term used by lenders to represent the total amount of loans compared to the value of the property securing the loan. The CLTV includes the total amount from all loans borrowed, divided by the total value of the property. For example, if a property owner takes out two separate $20,000 loans on a property worth $100,000, the CLTV would be calculated as $20,000 + $20,000/$100,000 or more simply, $40,000/$100,000 or 40%.

Additional rates and terms are available. Call us at 1-888-842-6328.

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Home Equity Resources

View MoreHome Equity Resources



Some restrictions may apply.


Consult with your tax advisor.


Rates are as low as % APR and are based on an evaluation of credit history, CLTV (combined loan-to-value) ratio, loan amount and occupancy, so your rate may differ. For loan amounts of up to $250,000, closing costs that members must pay typically range between $300 and $2,000. Rates are subject to change—information provided does not constitute a loan commitment.
A sample Fixed-Rate Equity Loan payment based on $100,000 at 6.00% APR for 20 years is $716.43.

Fixed-Rate Equity Loans are available for primary residences and second homes. Second-home loans and all loans for amounts less than $25,000 require a 1.00% increase in the interest rate and may be subject to other restrictions.