房屋净值信用额度, 也被称为HELOC, 允许你用你的房子作为抵押来借钱.
Equity is the current value of your home minus the amount you owe on other mortgages. 你可以借到的金额是基于你在你的房子的权益.
您可以根据需要从HELOC访问更多或更少的内容, 只要你需要, 以收货时所设定的信用限额为准. Much like a credit card that allows you to borrow against your spending limit as often as needed, HELOC给你以房屋净值为抵押借款的灵活性, 偿还,重复.
You can easily make transfers from your HELOC to your 元素 checking accounts within online banking. 元素 will also provide an Equity Access Visa® Card and checks that you can use to easily make purchases directly with your HELOC funds.
- Repayment Period: Following 15 years when you pay back the amount borrowed plus interest as with a fixed rate loan.
利息支付s are featured during the first 10 years of the line of credit. 在这一次, the borrowed amount converts to a fixed loan payment structure in order to pay the complete balance with the interest over the next 15 years.
喜欢固定的每月支付和一次性支付? 考虑一个 房屋净值贷款.