Home Equity Loan Rates for July 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Home Equity Lending Markets
- Bank & Credit Union Health Safety Ratings
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Current national home equity line of credit (HELOC) rates include Torrance Community Federal Credit UnionTorrance Community Federal Credit UnionA+5.0 ★Texas Ratio: 1.48% offering Home Equity HELOC at 4.00%, Allegius Federal Credit UnionAllegius Federal Credit UnionA5.0 ★Texas Ratio: 7.26% offering Home Equity Line of Credit at 4.00%, Manville Area Federal Credit UnionManville Area Federal Credit UnionA+5.0 ★Texas Ratio: 0.00% offering Fixed Home Equity Loan - First Position Lien at 4.00%, Sunflower Community Federal Credit UnionSunflower Community Federal Credit UnionB4.5 ★Texas Ratio: 19.45% offering Home Equity Minimum Rate at 4.00%, and Pittsburgh Federal Credit UnionPittsburgh Federal Credit UnionA+5.0 ★Texas Ratio: 3.26% offering Home Equity Loans 12 - 60 Months at 4.00%. Home equity and HELOC rates as of June 29, 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: June 29, 2026
Best Home Equity & HELOC Rates Today
Home Equity Loan Rates
As Low As
No additional details available.
Standard and customary Home Equity loan fees will apply. (See schedule of fees and charges)
As Low As; Rates as low as 4.25% Annual Percentage Rate
As Low As; Rates as low as 4.25% Annual Percentage Rate
As Low As
Standard and customary Home Equity loan fees will apply. (See schedule of fees and charges)
No additional details available.
As Low As; 80.01% - 85% Loan to Value
1st Lien Home Equity APR as low as*; 1st Lien
No additional details available.
No additional details available.
As Low As; Financing APR*
No additional details available.
No additional details available.
As Low As
As Low As; Up to 70% Loan to Value
$50,000 Maximum
Standard and customary Home Equity loan fees will apply. (See schedule of fees and charges)
As Low As; Rates effective as of 04/23/2026
2nd Lien Home Equity APR as low as*; 2nd Lien
No additional details available.
No additional details available.
As Low As; APR based on $100,000 loan amount. credit score of 730, and estimated cost of $1,500 in closing fees. Rates may change at any time. Must meet SFCU's normal underwriting qualifications to be approved. Contact SFCU for details. No loan application fees apply. Eqaul Opportunity Lender. For application. as part of the closing procedures Sunrise Family Credit Union will acquire a security interest in the property. Payment is calculated on 1.5% of the balance or $20 , which ever is greater. HELOC rates are variable and based on the index rate.
Application Fee: $250.00
As Low As; Up to 80% LTV
As Low As; *** View our Home Equity Loan Options >
No additional details available.
First Lien Position
As Low As; intro rate for twelve months*
As Low As; Fixed Rate with Closing Costs
Rates & terms available by clicking link.
As Low As; 80% LTV, Score 730+
As Low As; 85.01% - 90% Loan to Value
As Low As; 70.01% - 75% Loan to Value
90% Loan To Value
As Low As; *
As Low As; Home Equity Fixed
As low as
80% Loan to Value; A minimum loan amount of $10,000.00 is required.
Fixed Rate
Credit Score: 725-850
APR
APR
As Low As
No additional details available.
No additional details available.
As Low As; (2nd Position)
As Low As
Closing Costs: $0 ^; First Lien Position
Low Introductory Rate*
No Closing Costs; TruStone will pay home equity loan closing costs on applications dated 3/1/26 through 8/31/26 (close by 10/15/26) with a $25,000 minimum disbursement, excluding home purchase transaction loans and bridge loans. Insurance premium or change fee may be required. Not valid with competing offers/promotions. TruStone membership required.
Rate applies to loan amounts of $10,000 - $49,999.99. See additional details for rates on higher loan amounts.
Intro APR
As Low As; *
As Low As
No additional details available.
As Low As; Rates accurate as of June 22, 2026
As Low As
As Low As
HELOC Rates
Intro rate for first-time TCCU Prime Home Equity Loan!
Introductory rate for the first 6 months. Unlock Your Home Link. Save. Grow.
As Low As; Variable APR; Maximum Loan Amount: $250,000; Maximum Combined LTV: 80%
As Low As
$20,000; 12 month variable intro rate
Intro rate expires: 12 months; Regular APR: 6.250% (Prime - 0.50%); Positions/LTV: 1st / 90% LTV
As Low As; Variable*; Rate After Introductory Period: 7.49% APR
Rate Match: Contact Us for More Information!
Intro rate for 12 months; Regular APR: 6.75%
Introductory rates as low as 4.49% APR for 12 months
12 Month Introductory Rate; then Prime*
No additional details available.
Intro rate expires: 12 months; Regular APR: 6.250% (Prime - 0.50%); Positions/LTV: 2nd / 60% LTV
As Low As; Adjustable Rate
Current Rate Special
6 Month Intro Rate; Current Variable Rate: 6.75% APR*
Introductory rate of 4.50% APR. After one year, rate will revert to the regular variable rate (maximum 18.00% APR). The regular variable rate is the Prime Rate, as reported by the Wall Street Journal, plus 1.00% APR. As of 12/11/2025, the Prime Rate was 6.75% , therefore the regular variable rate would be 7.75% APR. Rates adjust quarterly if there is a change in the Prime Rate. SCU will pay all normal closing costs on new Home Equity Lines of Credit. On refinances of existing State Credit Union Home Equity Lines of Credit, the credit limit would need to be increased by at least $10,000 to avoid closing costs.
Introductory rate. After one year, rate will revert to the regular variable rate (maximum 18.00% APR). Regular variable rate is the Prime Rate, as reported by the Wall Street Journal, plus 1.00% APR. As of 12/11/2025, the Prime Rate was 6.75%, therefore the regular variable rate would be 7.75% APR. Rates adjust quarterly if there is a change in the Prime Rate.
Lock in your rate, borrow when you need it!
As Low As
No additional details available.
No additional details available.
As Low As; Owner Occupied Properties, $250,000 Maximum, Variable rates adjusts semi-annually; Current Variable: 7.75%
80% LTV
Introductory rate through December 2026. Closing costs covered on new lines of $50,000 or more.
As Low As; fixed APR for first 12 months. Plus up to $250 toward your closing costs!
Rates Starting at:*
As Low As; fixed APR for first 12 months. Up to $250 toward your closing costs!
Introductory offer for your first year. Prime minus 2% APR* introductory offer for your first 12 billing cycles.
now up to $200,000
As Low As; fixed APR for first 12 months. PLUS up to $250 toward your closing costs!
Rate: Prime Minus 2% APR* For the First 12 Billing Cycles
No additional details available.
Introductory fixed rate for the first 12 months, with no closing costs or annual fees.
No additional details available.
Introductory rate; Then variable rates as low as 6.25% APR.
Introductory rate; then variable rates as low as 6.25% APR.
As Low As; Current Variable Interest Rate: 7.25%
Introductory APR; As low as; *
Intro rate expires: March 31, 2027; Regular APR: 6.00% APR*
As Low As; 5-year draw period. The actual rate may vary. All loans are subject to credit approval. Existing First New York borrowers must take out an additional $10,000 of new money. Title insurance may be required. The minimum loan amount is $10,000. New York State Mortgage Tax is required and paid by the borrower. A minimum advance of $10,000.00 is required at time of closing. The remaining closing costs paid by First New York on behalf of the borrower will be charged back and added to the loan's payoff if the home equity line of credit (HELOC) is paid and closed within three years of closing. Closing costs are estimated at $600-$4,000.
Introductory rate; 1
As Low As; 2 YEAR INITIAL FIXED RATE
As Low As; 2-YEAR INITIAL FIXED RATE
As Low As; Initial Fixed Rate
Variable After; After the initial fixed rate period is completed, the Periodic Rate will not result in a corresponding annual percentage rate that is less than 4.00%. Available for borrower(s) with a maximum household income of $92,818. Annual Percentage Rates (APR) are based off the Prime Rate and are subject to change at any time. Introductory Annual Percentage Rate for the first 36 months then variable thereafter and subject to change without notice on the first business day of each billing cycle based on the Prime Rate as published by The Wall Street Journal.
As Low As
As low as 4.99 % APR2
Introductory rate for 12 months, then a variable APR as low as 6.63% APR. Rate includes 0.25% reduction for automatic payments and 0.125% for first lien status. Standard minimum APR is 3.00%, maximum APR is 18.00%. Maximum CLTV of 80%, maximum loan amount of $1,000,000. Draw period up to 10 years, repayment term 20 years. Lock in rate up to three times during draw period. No application fee, appraisal fee, or annual fees. Homeowners' insurance required. Flood Insurance required where necessary. Lender's title Insurance may be required for HELOCs $400,000 or higher. Borrower responsible for state mortgage tax or other state fees. Repay third-party fees if closed within 36 months.
Intro Rate; HELOC
Intro rate for 12 Months
Introductory Rate - Fixed First 6 months; Thereafter, Prime minus 0.50%; Draw Period: 10 years; Repayment Period: 20 years
Subject to credit approval.
Introductory rate for 6 months.
Intro Rate
Introductory Rate; Intro APR for 6 months; variable rates as low as 6.75% APR after; Now through December 31, 2026
Intro rate expires: 6 months; 6.75% APR; No closing costs - Click Learn More for Details
as low as
No additional details available.
Up to 80% Loan to Value; Maximum Loan Amount: $250,000
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
90-day 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 0.002 points over the past 7 days to 6.557%.
Home equity loan rates rose 0.011 points over the past 7 days to 6.702%.
Home Equity Rate Forecast — Next 12 Months
Where are HELOC and home equity loan rates headed through July 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 | 6.557% | $273 | 6.702% | $441 |
| 6-Month Forecast | 6.307% | $263 | 6.452% | $434 |
| 12-Month Forecast | 6.057% (5.81–6.26%) | $252 (-$21) | 6.052% (5.70–6.35%) | $423 (-$18) |
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?
What are the best national home equity rates today?
- Torrance Community Federal Credit Union: 4.00% (Home Equity HELOC)
- Allegius Federal Credit Union: 4.00% (Home Equity Line of Credit)
- Manville Area Federal Credit Union: 4.00% (Fixed Home Equity Loan - First Position Lien)
- Sunflower Community Federal Credit Union: 4.00% (Home Equity Minimum Rate)
- Pittsburgh Federal Credit Union: 4.00% (Home Equity Loans 12 - 60 Months)
Home Equity & HELOC Rates by State
