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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
PrimeRate7.50%
PrimeAsOf12/19/24
IntroMargin-1.51%
LowMargin-0.06%
HighMargin+7.39%
MinAPR2.99%
MaxAPR15.90%
ExampleAmount$25,000
ExamplePayment$206.63
ExampleAPR7.84%

 

Early Closing Fees
CT4,453
DE3,931
ME2,950
MD18,409
MA3,956
NH3,088
NJ4,739
NY23,907
VT3,702
VA7,415
DC4,866
WV3,277