Navy Federal Credit Union
Navy Federal Credit Union


Compare All Equity Loans

Fixed-Rate Equity Loan

Enjoy a fixed rate for the life of your loan with payment amounts that never change. You receive the entire loan amount at closing.
(Some restrictions apply in Texas.)

  • 0.25% rate discount with automatic payments1
  • No lender closing costs2
  • Repayment term up to 20 years3
  • Borrow up to 100%4 of the property value

1Rate discount is applied after your application is accepted. Discount is available for new Equity Loan applications. You must set up and maintain monthly recurring automatic payments from your Navy Federal checking account for the life of the loan, otherwise, the 0.25% APR discount will be removed, and your loan will revert to the original note rate.

2Special offer. Navy Federal will pay closing costs on new Equity Loan applications (Fixed Equity Loans and Lines of Credit). Offer excludes Equity Loans/Lines of Credit used for a home purchase, government recording charges, and when required, appraisal fees, title insurance, and any fees associated with Condominium Properties. Loans paid off and closed in less than three years from the loan origination date will require reimbursement of all closing costs paid by Navy Federal. For loan amounts up to $250,000, closing costs typically range between $150 and $900. Closing costs depend on the location of the property, property type and the amount of the Equity Loan.

3Rates are as low as 4.24% APR and are based on an evaluation of credit history, CLTV (combined loan-to-value ratio) and occupancy, so your rate may differ. A sample Fixed Equity Loan payment based on $100,000 at 6.5% APR for 20 years is $745.57.

4Some restrictions may apply. The maximum combined loan-to-value for investment properties is 70%.

Rates and Terms


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