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> > > Equity Loans At-A-Glance Comparison Chart

Equity Loans At-A-Glance

Navy Federal equity loans are a great value, including:

Rates are the lowest you will find anywhere—you'll be amazed at how we compare to other lenders
Borrow up to $1,000,000¹
No lender closing costs²
Credit limits up to 90%¹ of home value
Navy Federal servicing for the life of your loan

Use the following chart to compare features for our equity programs.

Loan	May be right for you if...	Benefits
Fixed Equity	You need a specific amount for a one-time purpose, such as home improvement or debt consolidation.	Rates as low as 5.90% APR (includes .25% discount with automatic payments)³ Lump sum loan amount received at closing Borrow up to 90%¹ of the property value Loan amounts up to $1,000,000¹ Fixed payments for the life of the loan Terms up to 20 years Some restrictions apply in Texas
Interest-Only Fixed Equity	You want lower payments up front and a fixed rate for the life of the loan.	Rates as low as 7.00% APR (includes .25% discount with automatic payments)³ Lump sum loan amount received at closing Borrow up to 80%¹ of the property value Loan amounts up to $1,000,000¹ 20-year term Pay interest only, at a fixed rate, for the first five years Make fixed payments of principal and interest for the last 15 years
Home EquityLine of Credit	You want to borrow only what you need, when you need it, such as paying college tuition.	Rates as low as 4.00% APR (includes .25% discount with automatic payments)⁴ Borrow up to 90%¹ of the property value Loan amounts up to $1,000,000¹ No interest is charged until the line is used Variable interest rate subject to change on the first work day of every month Access funds by checks, Navy Federal Online^® or special Visa^® Platinum credit card Credit line remains open for 15 years Not available in Texas
Interest-Only Home EquityLine of Credit	You want lower payments to repay only the accumulated interest.	Rates as low as 5.00% APR (includes .25% discount with automatic payments)⁴ Borrow up to 80% of the property value (up to $350,000)¹ Accepts additional payments to reduce the principal balance Access funds by checks, Navy Federal Online^® or special Visa^® Platinum credit card. Credit line remains open for 5 years Not available in Texas

1. Some restrictions may apply.

2. Limited offer. Navy Federal will pay closing costs (excluding government recording and transfer charges) on new equity loan applications (Fixed Equity Loans/Lines of Credit). Loans paid off and closed in less than 3 years from the loan origination date will require reimbursement of all closing costs paid by Navy Federal. For loan/line amounts up to $350,000, closing costs typically range between $150 and $900. For loan/line amounts between $350,000 and $1 million, closing costs typically range between $600 and $20,000. The closing costs depend on the location of the property and the amount of the Equity Loan. Offer excludes Equity Loans/Lines of Credit used for a home purchase and the appraisal fee, if an appraisal is necessary.

3. Rates are subject to change and based on various credit and property evaluation criteria, so your rate may differ. All loans are subject to credit approval. Rate discount is applied after your application is accepted. Discount is available for new Fixed 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 your rate will increase .25% above your original Note rate.

4. Home EquityLine of Credit (HEL) rates are subject to change based on various credit and property evaluation criteria, so your rate may differ. Rates are based on the prime rate as published in the Wall Street Journal on the first work day of every month. Current rates range from 4.00% APR to 10.50% APR with a plan to maximum of 18% APR. Rate discount is applied to loan applications received on or after April 29, 2008. You must set up and maintain monthly recurring payments from your Navy Federal checking account for the life of the loan, otherwise your rate will increase .25% above your original Note rate. All loans are subject to credit approval. You must carry insurance on the property that secures this loan. HELs unavailable in Texas.

A sample Fixed Equity Loan payment based on $100,000 at 7.00% APR for 20 years is $775.30.