Home Equity Loan Rates for October 2026 | As Low as 4.00%
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
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Home equity loan and HELOC rates range from 4.00% to 5.24%, verified by MonitorBankRates as of October 13, 2026. Current national home equity loan rates include NEIGHBORS UNITEDNEIGHBORS UNITEDA+5.0 ★Texas Ratio: 5.66% offering Home Equity LOC at 4.00%, Pittsburgh Federal Credit UnionPittsburgh Federal Credit UnionA+5.0 ★Texas Ratio: 0.11% offering Home Equity Loans at 4.00%, Brookline Municipal Credit UnionBrookline Municipal Credit UnionA+5.0 ★Texas Ratio: 0.07% offering Home Equity New 2024 2025 2026 Loan at 4.00%, ADVANTAGE FINANCIALADVANTAGE FINANCIALA5.0 ★Texas Ratio: 7.87% offering 1st Lien Fixed Rate Home Equity Loan at 4.00%, and Manville Area Federal Credit UnionManville Area Federal Credit UnionA+5.0 ★Texas Ratio: 0.02% offering Fixed Home Equity Loan - First Position Lien at 4.00%. Home equity and HELOC rates as of October 13, 2026 according to verified data from MonitorBankRates. Use the tabs below to compare home equity loans and HELOCs side by side. Rates are continually updated. We recommend checking back frequently.
Rates reflect actual verified offers from lenders accepting applications across the United States. Your final approved rate will depend on your credit profile, the equity in your home, your combined loan-to-value ratio, and daily market movements. Last Updated and Verified: October 13, 2026
Best Home Equity & HELOC Rates Today
Home Equity Loan Rates
Credit Level: Gold; Standard and customary Home Equity loan fees will apply. (See schedule of fees and charges)
110% financing based on Kelly Blue Book value or purchase price plus applicable sales tax
110% financing based on Kelly Blue Book value or purchase price plus applicable sales tax
As Low As; Up to 70% Loan to Value
As Low As; Over 60 months call 908-526-8844
As low as
- Oct 2, 20264.24%▲ from 3.99%
- Sep 14, 20263.99%first recorded
As Low As; introductory fixed rate for 6 months, 6.99% variable APR (Prime - 0.26%). For loans greater than 80% LTV (loan-to-value) the variable APR is 8.74% (Prime - 1.49%). Property insurance is required. Interest rate will not vary above 18.00% or below 4.99%. Variable rates based on the Prime Rate as published in the Wall Street Journal on the 15th day of the month prior. Limited time offer. Appraisal, title, and insurance fee reimbursement required if paid off and closed within 24 months of funding date. Equal housing lender. NMLS # 407653. Federally insured by NCUA.
No additional details available.
Credit Level: Silver; Standard and customary Home Equity loan fees will apply. (See schedule of fees and charges)
As Low As; Rates based on 80% of appraised value less first mortgage. Higher LTV's will increase posted rates. $300,000 maximum on 1st position HE loans. $175,000 maximum on 2nd position HE loans per property. No points. $200 Document Preparation Fee. Member pays for appraisal, title search, recording and closing costs (Est. $500 to $1,000). Rates subject to change.
As Low As; Home Equity Loans
As Low As
No additional details available.
No additional details available.
- Oct 2, 20264.30%▲ from 4.25%
- Sep 12, 20264.25%first recorded
As Low As; APR pair 4.30% / 4.75%; Notes: 1st/2nd
No additional details available.
As Low As; Lien: 1st Lien
Rates disclosed are the lowest available based on a 1st lien position loan of $50,000; Maximum LTV 80%; Rates as of July 27, 2026
Annual Percentage Rate (First Position)
As Low As; Certain restrictions may apply.
Fixed rate; lowest possible APR with qualification
As Low As; Rates as low as 4.50% Annual Percentage Rate
- Oct 1, 20264.50%▲ from 4.25%
- Sep 15, 20264.25%first recorded
$50,000 Maximum
No additional details available.
No additional details available.
No additional details available.
Maximum term: 7 years
As Low As; % Over Index: N/A; Minimum loan $10,000.00; maximum loan $400,000.00; maximum maturity ten years
110% financing based on Kelly Blue Book value or purchase price plus applicable sales tax
110% financing based on Kelly Blue Book value or purchase price plus applicable sales tax
Lines of Credit and Closed End Available. Fees generally total from $200.00 to $600.00. Subsequent APR may vary based on the index rate, plus a margin. Index rate is based on the average 26 week T-Bill Rate as published in the Wall Street Journal. On June 29, 2022, the index average was 2.08%; resulting APR with a 2.42% margin is 4.50%. Changes in the index will cause changes in the Interest Rate on the first day of each calendar quarter of each year. Increases and decreases will result in like increases and decreases in the Finance Charge and may affect the amount of the final payment. Your Interest Rate cannot increase or decrease more than 2.00 percentage points each year. APR will never exceed 18.00% and will never be less than 5.00%. "As low as" rate assumes excellent borrower credit history. Alternative rates and terms are available. Actual rates and APRs dependent on credit history and type of product. This line of credit has a 5-year draw period. Minimum monthly payment will be principal, and interest and equal to 1.60% of the balance during the 5-year draw period. After the Draw Period ends, your payments will be fixed to the amount necessary to fully amortize Your outstanding balance no later than 120 months after the from the end of the Draw Period, subject to the lesser of $100.00 or Your account balance.
As Low As
As Low As; Fixed rate will not increase while the plan is open
- Oct 2, 20264.59%▲ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Lien: 2nd Lien
No additional details available.
Rates As Low As 4.70% APR *** View our Home Equity Loan Options >
As Low As; Up to 95% LTV; APR based on $100,000 loan amount, credit score of 730, and estimated closing fees of $1,500
As low as (click for rates & terms)
First Lien Position
As Low As; Fixed Rate with Closing Costs
As Low As; current as of January 1st 2026
80% Loan to Value; A minimum loan amount of $10,000.00 is required.
No additional details available.
- Sep 18, 20264.75%▲ from 4.65%
- Sep 14, 20264.65%first recorded
90% Loan To Value
No additional details available.
No additional details available.
No additional details available.
Up to $50,000; Fixed Rate/Closed End; Borrower pays all Closing Costs; Property must be located in Western Pennsylvania
As Low As; Rates listed are as low as depending on credit score; Other terms and conditions may apply
As Low As; Minimum amount to borrow $10,000.00; Rate includes 1.00% discount for automatic payments from active Horizon checking account
- Sep 18, 20264.75%▼ from 5.00%
- Sep 14, 20265.00%first recorded
As Low As; APR (1st Lien)
The LTV is credit score based (max 90% appraised value)
As Low As; Maximum Loan Amount: Max $50,000.00
As Low As; APR pair 4.75% / 5.50%; Notes: Lien Position
- Sep 18, 20264.75%▼ from 5.50%
- Sep 14, 20265.50%first recorded
110% financing based on Kelly Blue Book value or purchase price plus applicable sales tax
As Low As
Lien position: 1st
Fair Isaac Risk Score: 725-850
No additional details available.
No additional details available.
- Oct 2, 20264.80%▲ from 4.75%
- Sep 12, 20264.75%first recorded
HELOC Rates
As Low As
No additional details available.
Additional APR listed for this product: 4.99%. Promotional Rate Limited Time Only: 4.99% APR on any Home Equity Line-of-Credit for the first six months. Your rate will be based upon your credit score, term of loan and Loan to Value ratio (LTV). Floor Rates and other conditions may apply. Minimum Rate = 3.00% APR for LTVs up to 80% and 4.50% for LTVs greater than 80%. 100% LTV Home Equity Loans are available. Specific terms and restrictions apply. Contact a loan officer for more details. Only available in NJ, NY and PA.
- Sep 25, 20264.50%▼ from 4.99%
- Sep 14, 20264.99%first recorded
No additional details available.
No additional details available.
As Low As; Fixed rate segment; rate will not increase while plan is open
- Oct 2, 20264.59%▲ from 4.49%
- Sep 14, 20264.49%first recorded
Introductory fixed rate for the first 12 months, with no closing costs or annual fees.
As Low As; Loan to Value: 80%; 5-year draw period
Intro rate
As Low As; Fixed rate segment; rate will not increase while plan is open
- Oct 2, 20264.99%▲ from 4.89%
- Sep 14, 20264.89%first recorded
As Low As
Maximum LTV: 80% or less; Minimum credit line $5,000; Maximum Rate 17% APR; Effective: September 22, 2025
4.99% Introductory rate for the first 6 months. After first 6 months, rate adjusts to 0.825% basis points above prime. On 06/16/2026 rate equal to 7.5750%. Rate may adjust monthly, mortgage loan fees may apply. Other terms and conditions may apply.
Introductory rate. Offer ending December 31. Subject to credit approval. Offer available on new HELOCs approved through 12/31/26. Offer valid on owner-occupied primary dwelling only for first or second liens. Refinancing of existing First Financial Bank home equity lines or home equity loans do not qualify. Property insurance required, flood insurance may be required. 5% nine month introductory rate period is from date of consummation. No closing costs, however, some states such as GA and Tennessee require state mortgage taxes to be paid. If you close or refinance your line within 24 months, an early termination fee of $299 will be assessed to repay closing costs paid on your behalf. As of 9/17/26, the WSJ Prime Rate is 7%. After the 9-month introductory period, annual percentage rate (APR) will vary based on WSJ Prime Rate as published daily plus a margin for the remainder of the draw period. Minimum APR will not go below 2.00%, maximum APR will not exceed 21.00%. Other restrictions or conditions may apply. This is a limited time offer and First Financial Bank N.A. reserves the right to discontinue this offer at any time. Available line amounts from $5,500 up to 85% Loan-to-Value of home's equity.
Loan-To-Value 80%
Loan-To-Value 80%
Variable rate; index Prime Rate (Prime - 2.00%) as posted October 1st each year, effective January 1st; floor rate 4.00%, max rate 8.00%; 10-year draw period followed by 10-year repayment period; max loan amount 80% of current appraised value less existing mortgage liens
Published APR range: As low as 5.00%. As Low As; Home Equity Loans; Other Conditions: $20,000 minimum
As Low As; Maximum home equity line of credit amount is 80% of home's value minus any first mortgage balance; Maximum loan amount of $100,000; First advance minimum $5,000, subsequent minimum advances $500; Effective date October 1st, 2026
- Oct 9, 20265.05%▼ from 5.29%
- Sep 17, 20265.29%first recorded
As Low As; **
As Low As; Fixed rate segment; rate will not increase while plan is open
- Oct 2, 20265.19%▲ from 5.09%
- Sep 14, 20265.09%first recorded
Introductory rate for 6 months, then variable rate of 8.00%-9.00% APR after introductory period.
- Sep 27, 20265.24%▼ from 7.75%
- Sep 15, 20267.75%first recorded
Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.
U.S. Home Equity Snapshot
National housing and income figures that shape how much equity U.S. homeowners can borrow against. Source: U.S. Census Bureau & FHFA.
Equity and borrowable estimates are illustrative, based on a typical owner who has paid the original mortgage down to roughly 65% of current value and an 85% combined loan-to-value ceiling. Your actual figures depend on your remaining mortgage balance, credit profile, and lender underwriting. Use the State filter on the rate table above, or pick a state below, for figures specific to your area.
How Much Can You Borrow With a Home Equity Loan or HELOC?
Your borrowing limit is set by your combined loan-to-value ratio (CLTV). The total of your first mortgage plus the new loan, divided by your home's appraised value. Most lenders cap CLTV at 80–85%. Using the U.S. median home value of $303,400, here is roughly what an 85% CLTV ceiling allows at three stages of mortgage payoff:
| Mortgage Stage | Still Owed | Equity Held | Est. You Could Borrow |
|---|---|---|---|
| Earlier in repayment | $212,380 | $91,020 | $45,510 |
| Roughly halfway through | $166,870 | $136,530 | $91,020 |
| Well into repayment | $121,360 | $182,040 | $136,530 |
The further along you are in paying down your first mortgage, the more equity sits available to borrow against. Lenders also weigh your credit score, debt-to-income ratio, and income. The U.S. median household income is $80,734, before issuing a final offer. Home values and borrowing limits vary widely by location, so check your state's page for figures closer to home.
Illustrative estimates only, based on an 85% CLTV ceiling and the U.S. Census median home value. Actual limits vary by lender (some allow up to 90% CLTV), by your home's appraised value, and by your credit profile. This is not a loan offer or a guarantee of approval.
Home Equity Rate Trends
Daily HELOC and home equity loan averages across our nationwide lender network
Daily HELOC and home equity loan averages tracked across our database of verified rate quotes, refreshed every evening.
HELOC rates rose 0.061 points over the past 7 days to 7.161%.
Home equity loan rates rose 0.012 points over the past 7 days to 6.884%.
Home Equity Rate Forecast, Next 12 Months
Where are HELOC and home equity loan rates headed through October 2027?
HELOC trajectory based on prime rate path (prime = fed funds + 3.0%). Home equity loan trajectory based on Fed funds futures and 10-year Treasury path. Not financial advice.
What the Forecast Means for Home Equity Borrowers
Monthly cost on $50,000 borrowed. HELOC shown as interest-only payment (typical during 10-year draw period). Home equity loan shown as fully amortizing principal & interest on a 15-year term.
| Scenario | HELOC Rate | HELOC Mo. Interest | HE Loan Rate | HE Loan Mo. P&I |
|---|---|---|---|---|
| Today | 7.161% | $298 | 6.884% | $446 |
| 6-Month Forecast | 7.161% | $298 | 6.884% | $446 |
| 12-Month Forecast | 7.411% (7.16–7.61%) | $309 (+$10) | 7.134% (6.78–7.43%) | $453 (+$7) |
Green (−) = lower monthly cost vs today. Red (+) = higher monthly cost. HELOC cost reflects variable-rate exposure: when prime drops, HELOC costs drop within one billing cycle. Locking a fixed home equity loan now insulates against further rate increases but forfeits the savings if rates fall.
How Home Equity Lending Works
U.S. homeowners hold an enormous pool of tappable equity, trillions of dollars built up through rising home values and years of mortgage paydown. A home equity loan or HELOC lets a homeowner borrow against that equity without selling, typically at rates significantly lower than credit cards or personal loans because the debt is secured by real estate.
According to the U.S. Census Bureau, the national median owner-occupied home value is approximately $303,400, with a homeownership rate of 65.7%. That gives tens of millions of U.S. households potential access to home equity financing, making this one of the most widely used consumer credit products in the country.
Home Equity Loan vs HELOC, Quick Comparison
| Feature | Home Equity Loan | HELOC |
|---|---|---|
| Rate Type | Fixed for life of loan | Variable (prime + margin) |
| Payout | Lump sum at closing | Draw as needed, up to limit |
| Term | 5-30 years | 10-yr draw + 20-yr repay (typical) |
| Payment | Fixed P&I from month one | Interest-only during draw (usually) |
| Closing Costs | Typically 2-5% of loan | Often $0 (promos common) |
| Best For | Specific large expense, payment certainty | Ongoing access, flexible borrowing |
Want a deeper breakdown? Read our full guide: Home Equity Loan vs HELOC, Key Differences, Pros and Cons
Home Equity Loan Calculator
Estimate how much you could borrow against your home, and what the monthly payment on a fixed-rate home equity loan would look like. The home value below is prefilled with the U.S. national median from the U.S. Census Bureau — change it to your own home's value, and adjust any other field to see the numbers update.
1. How Much Can You Borrow?
2. Estimated Monthly Payment
Defaults to your estimated borrowing limit — edit to model a smaller loan.
Estimates only. Borrowing power assumes lenders allow up to the selected combined loan-to-value ratio; actual limits, rates, and approval depend on your credit profile, income, and the lender's underwriting. The payment figure is for a fixed-rate home equity loan with standard amortization — HELOC payments are typically interest-only during the draw period and vary with the prime rate, so they are not modeled here. This is not a loan offer.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our home equity loan and HELOC rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners, including the iCanBuy home equity offers widget shown above. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Home Equity Rate Data: We aggregate home equity loan and HELOC rates from the official websites of local banks, credit unions, regional lenders, and national institutions across the United States. Every rate displayed is highly accurate and trustworthy.
National, Regional, and Local Coverage: Our systems constantly monitor the market to provide a complete picture of available home equity products nationwide. Use the State filter above the rate table to narrow results to a single state, or click a state link below to see a dedicated page where local lenders with branches in your city are ranked first.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update home equity rates daily. Because HELOC rates move with the prime rate and the broader market, every product features its own “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data, including the Texas Ratio, ensuring you compare rates from secure, reliable lenders.
Frequently Asked Questions about Home Equity & HELOC Rates
What is the difference between a home equity loan and a HELOC?
How much equity do I need to qualify for a HELOC or home equity loan?
What credit score do I need for a home equity loan?
Are HELOC interest payments tax-deductible?
What is the current prime rate and how does it affect my HELOC?
What is a HELOC draw period?
Can I use a home equity loan or HELOC for debt consolidation?
Are there closing costs on a home equity loan or HELOC?
Should I get a HELOC or a home equity loan?
Can I refinance my HELOC into a fixed-rate home equity loan?
How does my state affect my home equity loan options?
How do I compare home equity and HELOC lenders?
How do I get home equity loan and HELOC quotes?
What are the best national home equity rates today?
- NEIGHBORS UNITED: 4.00% (Home Equity LOC)
- Pittsburgh Federal Credit Union: 4.00% (Home Equity Loans)
- Brookline Municipal Credit Union: 4.00% (Home Equity New 2024 2025 2026 Loan)
- ADVANTAGE FINANCIAL: 4.00% (1st Lien Fixed Rate Home Equity Loan)
- Manville Area Federal Credit Union: 4.00% (Fixed Home Equity Loan - First Position Lien)
Home Equity & HELOC Rates by State
