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Updated almost 6 years ago,

User Stats

282
Posts
117
Votes
Andrew S.
  • Rental Property Investor
  • Helena, MT
117
Votes |
282
Posts

HELOC interest rate & terms

Andrew S.
  • Rental Property Investor
  • Helena, MT
Posted

Good morning community,

Hope everyone is enjoying spring as much as we are in Western Montana. I'm starting to shop for HELOCs to gain access to the sweat equity in my home. Just curious if prime + 0.75% is a reasonable APR rate for my HELOC? Other details: interest only payments, balloon payment at 10 years, $75 annual free.

Thanks!

Andrew

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