Understanding a Home Equity Line of Credit

M&T’s CHOICEquity can help you get the most out of your home’s value. Watch to better understand how a home equity line of credit can work for you.

 

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Understand a Home Equity Line of Credit

Duration: 01:41 mins

HELOC Rate Handler

 

Rate Info
PrimeRate 8.00%
PrimeAsOf 9/20/24
IntroMargin -1.51%
LowMargin -0.56%
HighMargin +6.89%
MinAPR 2.99%
MaxAPR 15.90%
ExampleAmount $25,000
ExamplePayment $222
ExampleAPR 8.84%

 

Early Closing Fees
CT 4,443
DE 3,806
ME 2,956
MD 18,409
MA 3,956
NH 3,088
NJ 4,674
NY 30,231
VT 3,657
VA 7,370
DC 4,866
WV 3,276