![Jeannie Dreamed of her perfect kitchen. Jeannie Dreamed of her perfect kitchen.](https://pages.additionfi.com/hubfs/heloc24_Landing%20(1).png)
![Jeannie Dreamed of her perfect kitchen. Jeannie Dreamed of her perfect kitchen.](https://pages.additionfi.com/hubfs/heloc24_Landing%20(1).png)
Special interest rates, as low as 7.50% APR1, for a limited time!
(The variable APR is based on the Prime rate minus a margin of 1.00%, not to exceed 18.00%. APR accurate as of 4/15/2024.)
Special interest rates, as low as 7.5% APR*, for a limited time!
A Home Equity Line of Credit (HELOC) can make your home improvement, debt consolidation, and other dreams a reality (no genie needed). 🧞
A HELOC allows you to borrow funds from the equity you've built in your home through a revolving line of credit, allowing you to access funds whenever you need them for however you need them — anything from home improvement and other big expenses to debt consolidation.
Among the reasons to open a HELOC with Addition Financial:
- Save Money: Consolidate your high interest debt, such as credit card debt, into one, simple, low monthly payment, potentially saving thousands of dollars in future interest payments2
- Save Time: We make it easy to open and manage your HELOC.
- Financial Flexibility: Access your funds anytime.
- Trusted Partners: Whether you’re in a branch, on the phone, or online, our team of experts are ready to assist and answer your questions.
Home Equity Line of Credit Calculator
Use this calculator to see if you might qualify for a home equity line of credit from Addition Financial before applying.
Plus, find out what your monthly payments would look like during the repayment period.
More information about HELOCs
![01shutterstock_1954192363 01shutterstock_1954192363](https://pages.additionfi.com/hs-fs/hubfs/Month%2061%20(January%202023)/01shutterstock_1954192363.jpg?width=2000&height=1000&name=01shutterstock_1954192363.jpg)
Debt Consolidation 101: How to Decide Between Refinancing & HELOC
Are you wondering what you can do to pay off your debt with a lower interest rate than what you have now?
![Man and woman smiling, doing home renovations. Man and woman smiling, doing home renovations.](https://pages.additionfi.com/hs-fs/hubfs/heloc-01.png?width=450&height=225&name=heloc-01.png)
Use your biggest asset as more than a place to live.
Take advantage of the equity you’ve built up in your home and borrow against that money for other purposes now or in the future.
![AFCU_62-infographic-1750x900 (1)-1 AFCU_62-infographic-1750x900 (1)-1](https://pages.additionfi.com/hs-fs/hubfs/Month%2062%20(February%202023)/AFCU_62-infographic-1750x900%20(1)-1.jpg?width=1465&height=752&name=AFCU_62-infographic-1750x900%20(1)-1.jpg)
Current Rates
Explore our competitive rates, ensuring you get the best value for your investment. Take control of your finances with our competitive HELOC rates, tailored to support your financial needs.
1APR=Annual Percentage Rate. Rate accurate as of 04/15/2024. Home Equity Line of Credit is a variable rate line loan subject to credit approval. HELOC variable rate based on Wall Street Journal Prime Rate. Rate shown as low as 7.50% APR includes a 1% discount available to borrowers with excellent credit score. Not all applicants will qualify. CLTV (combined loan-to-value) ratio and loan amount restrictions apply. Floor rate 3.25%. Maximum of 18.00% APR. Minimum loan amount $10,000. Homeowners/property insurance is required. Flood insurance may be required. Closing cost and fees apply. Consult your tax advisor regarding deducting interest and charges. Limited time offer and rate is subject to change without notice. Membership eligibility apply. Borrow $50,000 at 7.50% APR of up to 60% LTV will be an estimated monthly payment of $463.51. Contact a Credit Union Loan Officer for more information.
2Potential savings based on the current interest rates of your unsecured debt, such as credit cards and personal loans.