Is this a fair home equity loan offer?

We’ve told you that lenders gauge your risk based on your FICO® scores. We can show you the rates you should expect to receive based on your FICO® scores. If the loan offers you are receiving have higher rates than your FICO® scores justify, then tell your lenders.

Home equity rates as of February 6, 2012

FICO® score	APR	Monthly payment *
740-850	4.876%	$265
720-739	5.251%	$276
700-719	6.501%	$316
670-699	7.876%	$363
640-669	9.376%	$416
620-639	10.876%	$471

Loan Type Location
Loan amount

The above APRs assume a loan amount of $50,000 and an 80% Loan-to-Value Ratio. They also assume a single family, owner-occupied property is used as collateral. Source: Informa Research Services

Make sure you’re being offered the best rates based on your current FICO® scores. If your FICO® scores aren’t high enough to qualify you for a good interest rate, Suze Orman’s FICO® Kit Platinum provides personalized coaching on actions you can take to get your scores into the higher ranges.

Compare your offers

Which lender has the better loan?

See how your loans compare both today and tomorrow.

If the offers you receive seem fair based on your FICO® scores, compare them. Often it’s difficult to see how loans will look after all of the costs are factored in and the rates are calculated. Loans may also change over time, so it’s important to see what your payments will look like in the future – this is especially true of adjustable rate HELOCs.