Current home equity line of credit (HELOC) rates in Chevy Chase, Maryland include Baxter Credit UnionBaxter Credit Union5260 Western Ave, Chevy Chase, MD, 20815A5.0 ★Texas Ratio: 7.04% offering Home Equity Line of Credit at 6.00%, Money One Federal Credit UnionMoney One Federal Credit UnionA5.0 ★Texas Ratio: 10.38% offering Home Equity loan at 4.25%, First Peoples Community Federal Credit UnionFirst Peoples Community Federal Credit UnionA+5.0 ★Texas Ratio: 1.98% offering Home Equity Loan at 4.49%, SkyPoint Federal Credit UnionSkyPoint Federal Credit UnionA5.0 ★Texas Ratio: 10.48% offering Home Equity Line of Credit at 4.49%, and Chessie Federal Credit UnionChessie Federal Credit UnionA+5.0 ★Texas Ratio: 5.62% offering Home Equity Fixed 5 years at 4.75%. Home equity and HELOC rates as of August 28, 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 actively serving Maryland borrowers. 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: August 28, 2026
As Low As
Annual Percentage Rate varies depending on individual credit history, term length and percentage of purchase price. Variable rates may change. The rate displayed is the lowest rate and not all applicants qualify for the lowest rate. Lifetime maximum adjustment of 4.00%. Maximum interest rate is 18.00%. For loan amounts up to $250,000, closing costs that members must pay typically range between $150 and $1,200. Closing costs depend on the location of the property, property type and amount of the Equity Loan. See description page for details. A sample Home Equity loan payment based on $10,000 at 4.25% (variable) APR for 5 years is $184.17.
As Low As
As Low As
3 year balloon
No additional details available.
Maximum Loan Amount: $250,000; Maximum LTV: 85%
No additional details available.
80% Loan-to-Value
As Low As
No additional details available.
No additional details available.
No additional details available.
100% Loan-to-Value
As Low As
5 year balloon
As Low As
As Low As
Up to 80% Loan To Value
80% Loan-to-Value
As Low As
As Low As; $10,000 - $200,000
Fixed-rate loans provide consistency in payments. Loan amounts $5,000 to $350,000. Borrow up to 95% of your home's value (minus the amount remaining on your mortgage). Rates, terms and conditions vary based on creditworthiness and qualifications and are subject to change.
No additional details available.
80% Loan-to-Value
As Low As
No additional details available.
No additional details available.
As low as; Summer Loan Promo
Closing Cost Promotion: Credit union will pay up to $1,000 in closing costs (excluding taxes)
Up to 80% Loan To Value
100% Loan-to-Value
No additional details available.
No additional details available.
Up to 90% LTV
$1,000; As low as. Rates are subject to change without notice, and may vary according to credit history. Rates and terms may be different as determined by collateral and individual credit worthiness. Freedom will pay the closing costs up to a maximum of $1,000. 0.25% discount with e-Statements and automated payments from a Freedom FCU Savings or Checking account on select loan types. The interest of the portion of credit extension greater than the fair market value of the dwelling is not tax deductible. Consult your tax advisor for further information regarding the deductibility of interest and charges. Promotional incentives and discounts may NOT be combined. Prime rate is 6.75% as of December 11, 2025. Rates effective November 28, 2025; all rates and promotions are subject to change. See full schedule of rates. Equal Housing Lender.
As Low As; Variable rate is based on The Wall Street Journal Prime. Rate adjusted monthly. The Classic Home Equity Line-of-Credit is subject to a floor of 3.50% APR. On average, closing costs may vary depending upon the amount of the loan, terms, property value, etc. Consult your tax advisor regarding the ability to deduct interest and charges.
As low as
No additional details available.
No additional details available.
State: PA & WV
No additional details available.
No additional details available.
Closing Cost Promotion: Credit union will pay up to $1,000 in closing costs (excluding taxes)
81% - 90% Loan To Value
No additional details available.
80% Loan-to-Value
No additional details available.
No additional details available.
No additional details available.
State: MD
Promotion: Credit union will pay up to $1,000 in closing costs (excluding taxes)
As Low As; Variable rate is based on The Wall Street Journal Prime. Rate adjusted monthly. The Gold Home Equity Line-of-Credit is subject to a floor of 3.50% APR. With HELOC Gold, you have the option to pay Interest Only for the first 10 years.
80% LTV
No additional details available.
MECU will pay the initial closing costs. If the loan is paid off and closed within 12 months of original note date, closing costs must be reimbursed to MECU by the borrower. Closing costs vary and generally range around $850 to $1,000 on a $20,000 loan.
No additional details available.
No additional details available.
Maximum LTV: up to 80%
Closing Cost Promotion: Credit union will pay up to $1,000 in closing costs (excluding taxes)
variable rates
As Low As
Introductory rate of 4.49% for 12 months for LTVs up to 90%, 4.99% for 12 months for LTVs 91-100%. After promotion period, standard rate of Prime + Margin will apply. Variable APR equal to the Prime Rate as published in "The Wall Street Journal" plus a margin specific to your loan. Prime Rate (currently 6.75%) with a minimum APR of 6.25% and a maximum APR of 18.00%. Rates current as of March 15, 2026, and are subject to change based on market conditions and borrower eligibility. Minimum advance of $10,000 at settlement required for introductory rate. Subject to credit approval. Your APR may be higher based on the prevailing variable-rate index value, your credit qualifications, the amount of your credit line, combined loan-to-value, and/or property type. Minimum credit line is $10,000. Maximum credit line is $250,000 based on LTV. SkyPoint pays closing costs (excluding taxes) in exchange for a $10,000 draw at settlement. Closing costs range $200-$1,500. If the credit line is closed within three years of open date borrower is responsible to reimburse credit union for closing costs paid by the credit union. Homeowner's insurance is required. Flood insurance may be required. Offer does not apply to existing SkyPoint credit lines. See a credit union representative for complete details.
80% LTV
81% to 90% LTV; Rate: Prime plus 1.00%
Prime plus 1.00%
The variable rate will adjust to the greater of the WSJ Prime Index plus margin, if any, minus 1.00%, or 4.00% minimum interest rate/floor. All disclosed rates assume a 0.25% discount for automatic payments from an NIHFCU account. If automatic payment ceases before the line is paid in full and terminated, the interest rate will increase by 0.25%.
As Low As
As Low As; Rate: Prime - 0.50%; Intro Rate for 12 months
No additional details available.
LTV: up to 70%; Rate based on the Wall Street Journal Prime Rate which was 6.75% as of 12/11/2025. This is a variable rate loan product and your payment and rate are subject to change. Maximum 17% APR. No floor rate on this product. Monthly payments may range from 0.5.% to 1.50% of the balance owed. Late payment fees of 5% of the monthly payment or $35.00 whichever is greater may apply. $7,500 minimum line of credit. $99 origination fee will apply. Maryland homeowners are responsible for Maryland government recordation tax, amounts vary per county and amount borrowed. Homeowners insurance required. Rates may change without notice. All loans subject to credit approval.
Rate is variable and subject to change based on the Prime Rate. (Prime - .25%)
Interest rate is variable. Maximum APR that may be imposed is 18%. If you cancel or terminate your line of credit within the first 36 months after funding, a prepayment fee will be charged. Additional terms and conditions apply. Subject to credit approval. ACT 1st Federal Credit Union membership required. Rates are based on credit history, loan-to-value ratio, loan term, and occupancy, so rates may vary. Not all applicants will qualify for the lowest rates. Minimum loan amount of $10,000 and maximum loan is 80% of appraised value minus current liens. Monthly payment may increase during the repayment period. ACT 1st Federal Credit Union can modify or end the offer at any time.
No closing costs! (provided initial advance is at least $10,000 and loan remains open 36 months.) Minimum HELOC amount: $10,000, Maximum HELOC amount: $200,000
Est. Monthly Payment (per $10,000 financed) $100.00
Est. Monthly Payment (per $10,000 financed) $100.00
LTV: 71-80%; Rate based on the Wall Street Journal Prime Rate which was 6.75% as of 12/11/2025. This is a variable rate loan product and your payment and rate are subject to change. Maximum 17% APR. No floor rate on this product. Monthly payments may range from 0.5.% to 1.50% of the balance owed. Late payment fees of 5% of the monthly payment or $35.00 whichever is greater may apply. $7,500 minimum line of credit. $99 origination fee will apply. Maryland homeowners are responsible for Maryland government recordation tax, amounts vary per county and amount borrowed. Homeowners insurance required. Rates may change without notice. All loans subject to credit approval.
The Wall Street Journal prime rate. For primary homes. Closing Costs Waived: No closing costs -- no application fee -- no appraisal fee -- no points -- applies to primary residence only. Keep account open for 36 months to qualify for waived closing costs. Offer effective 12/11/2025 and subject to change. Credit score >= 680 required. Max APR 24%, Min APR 4%. Prime may change at any time.
for 80% LTV
No additional details available.
No additional details available.
2.49% promo rate for first 12 months for qualified members
Great Rates, More Savings
Rates are subject to change without notice, and may vary according to credit history. Rates and terms may be different as determined by collateral and individual credit worthiness. Freedom will pay the closing costs up to a maximum of $1,000. 0.25% discount with e-Statements and automated payments from a Freedom FCU Savings or Checking account on select loan types. The interest of the portion of credit extension greater than the fair market value of the dwelling is not tax deductible. Consult your tax advisor for further information regarding the deductibility of interest and charges. Promotional incentives and discounts may NOT be combined. Prime rate is 6.75% as of December 11, 2025. Rates effective November 28, 2025; all rates and promotions are subject to change. See full schedule of rates. Equal Housing Lender.
As low as
No additional details available.
6-mo. fixed Intro APR, then as low as 6.75%
Introductory rate will be fixed for 12 months. The standard, post-introductory APR will be a fully indexed, variable rate based on Prime plus or minus a margin based on your loan-to-value ratio at account opening. Prime Rate is obtained from the Wall Street Journal and is currently 6.75%, in effect since 12/11/2025. The APR will not increase more than 6.00% above the initial rate that would have been in effect without the introductory rate discount or 24.00%, whichever is less. The minimum APR will not go below 3.25% at any time during the term of the plan. The standard, post introductory rate is variable and may adjust on a quarterly basis. MECU will pay the initial closing costs on "Standard" Home Equity Lines of Credit. If the line is paid off and closed within 12 months of original note date, closing costs must be reimbursed to MECU by the borrower. Closing costs vary and generally range around $850 to $1,000 on a $20,000 line of credit.
Variable APR; Up to 80% LTV; All disclosed rates assume a 0.25% discount for automatic payments from an NIHFCU account. If automatic payment ceases before the line is paid in full and terminated, the interest rate will increase by 0.25%. The variable rate will adjust to be the greater of WSJ Prime Rate plus your margin, if any, or 4.00% (minimum interest rate/floor). The lifetime maximum variable APR is 18%.
No additional details available.
No additional details available.
No additional details available.
Standard Variable Rate
The Wall Street Journal prime rate +0.50%. For Non-Owner-Occupied Properties. Offer effective 12/11/2025 and subject to change. Credit score >= 725 required. Max APR 24%, Min APR 4%. Prime may change at any time.
As Low As; Rate: Prime + 0.50%; Intro Rate for 12 months
LTV: 81-90%; Rate based on the Wall Street Journal Prime Rate which was 6.75% as of 12/11/2025. This is a variable rate loan product and your payment and rate are subject to change. Maximum 17% APR. No floor rate on this product. Monthly payments may range from 0.5.% to 1.50% of the balance owed. Late payment fees of 5% of the monthly payment or $35.00 whichever is greater may apply. $7,500 minimum line of credit. $99 origination fee will apply. Maryland homeowners are responsible for Maryland government recordation tax, amounts vary per county and amount borrowed. Homeowners insurance required. Rates may change without notice. All loans subject to credit approval.
As Low As; Rate: 7.50%
Variable APR; 80.01% - 90.00% LTV; All disclosed rates assume a 0.25% discount for automatic payments from an NIHFCU account. If automatic payment ceases before the line is paid in full and terminated, the interest rate will increase by 0.25%. The variable rate will adjust to be the greater of WSJ Prime Rate plus your margin, if any, or 4.00% (minimum interest rate/floor). The lifetime maximum variable APR is 18%.
$15,000
$14,999; $10,000
Combined Loan to Value > 85.01% - 90%
2.49% promo rate for first 12 months for qualified members
Variable APR; 90.01% - 95.00% LTV; All disclosed rates assume a 0.25% discount for automatic payments from an NIHFCU account. If automatic payment ceases before the line is paid in full and terminated, the interest rate will increase by 0.25%. The variable rate will adjust to be the greater of WSJ Prime Rate plus your margin, if any, or 4.00% (minimum interest rate/floor). The lifetime maximum variable APR is 18%.
No additional details available.
$15,000
$14,999; $10,000
As Low As; Rate: Prime + 1.5%; Intro Rate for 12 months
Variable APR; 95.01% - 100.00% LTV; All disclosed rates assume a 0.25% discount for automatic payments from an NIHFCU account. If automatic payment ceases before the line is paid in full and terminated, the interest rate will increase by 0.25%. The variable rate will adjust to be the greater of WSJ Prime Rate plus your margin, if any, or 4.00% (minimum interest rate/floor). The lifetime maximum variable APR is 18%.
No additional details available.
Rate: Prime Rate + 8.5%
2.49% promo rate for first 12 months for qualified members
Standard Variable Rate
Local housing and income figures that shape how much equity Chevy Chase, MD 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.
Your borrowing limit on a home equity loan or HELOC 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 local median home value of $1,670,600, 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 | $1,169,420 | $501,180 | $250,590 |
| Roughly halfway through | $918,830 | $751,770 | $501,180 |
| Well into repayment | $668,240 | $1,002,360 | $751,770 |
The further along you are in paying down your first mortgage, the more equity sits available to borrow against. Lenders will also weigh your credit score, debt-to-income ratio, and income — the local median household income is $211,765 — before issuing a final offer.
Illustrative estimates only, based on an 85% CLTV ceiling and the Census median home value for this area. 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.
Compare local Chevy Chase, MD home equity quotes against the statewide average
Daily HELOC and home equity loan averages tracked across our database of verified rate quotes — updated every evening.
Maryland HELOC rates rose 0.136 points over the past 7 days to 6.713%.
Maryland home equity loan rates rose 0.380 points over the past 7 days to 7.181%.
Where are Maryland HELOC and home equity loan rates headed through August 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.
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 (MD avg) | 6.713% | $280 | 7.181% | $454 |
| 6-Month Forecast | 6.713% | $280 | 7.181% | $454 |
| 12-Month Forecast | 6.463% (6.21–6.66%) | $269 (-$11) | 6.781% (6.43–7.08%) | $443 (-$11) |
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.
According to the U.S. Census Bureau, the median owner-occupied home value in Chevy Chase, Maryland is approximately $1,670,600. A homeowner who owes 60% of their original mortgage on a median-valued home would have roughly $668,240 in available equity. At a typical 85% CLTV limit, that means they could potentially borrow up to $417,650 via a HELOC or home equity loan, depending on credit profile and lender underwriting standards.
| 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
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 local 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.
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.
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Chevy Chase, Maryland 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 for Chevy Chase, Maryland directly from the official websites of local lenders, credit unions, and national institutions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every rate displayed is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home equity products in Chevy Chase, Maryland. We feature a comprehensive mix of licensed NMLS financial institutions — from neighborhood credit unions and competitive regional banks to large national lenders accepting applications from Maryland borrowers.
Local-First Sorting: Rate tables on city pages list institutions with physical branches in the city first, followed by statewide institutions, then national lenders — regardless of APR. This intentional ordering helps homeowners find lenders they can walk into for an in-person closing, since home equity products often involve appraisal, notarization, and other steps that benefit from a local relationship.
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.
Home equity is the share of a property the owner truly owns: the home's current market value minus the balance still owed on the mortgage. For a Chevy Chase, Maryland homeowner, it grows as the mortgage is paid down and as the property appreciates. Lenders let homeowners borrow against this equity, using the home as collateral, which is why home equity products generally carry lower rates than credit cards or unsecured personal loans.
A home equity loan advances a lump sum at a fixed rate, repaid in equal installments over a set term, useful for a one-time expense with a known cost. For example, Baxter Credit Union is listing its Home Equity Fixed at 6.75%. A home equity line of credit (HELOC) works more like a credit card: a revolving credit limit the borrower can draw from as needed during a draw period, usually at a variable rate. On the line-of-credit side, Baxter Credit Union is listing its Home Equity Line of Credit at 6.00%. For Chevy Chase, Maryland borrowers, a loan offers payment certainty, while a HELOC offers flexibility for ongoing or uncertain costs.
Most lenders allow borrowing up to a combined loan-to-value ratio of 80 to 85 percent, meaning the mortgage balance plus the new home equity debt cannot exceed that share of the home's value. For a Chevy Chase, Maryland homeowner, the exact amount available also depends on credit score, income, and the lender's policies. Because the borrowing limit is tied to current value, an appraisal is typically part of the approval process.
HELOC rates are usually variable and tied to the prime rate, so they move when the Federal Reserve changes short-term rates, while home equity loan rates are typically fixed and priced off longer-term benchmarks. On top of that market baseline, the rate a Chevy Chase, Maryland borrower receives reflects credit score, combined loan-to-value ratio, and loan amount, so stronger credit and more equity generally earn a lower rate. A borrower’s final rate is set once an application is underwritten.
Because the home secures the debt, falling behind on payments can ultimately put the property at risk, so home equity borrowing is best reserved for purposes that preserve or build value, such as renovations or consolidating higher-rate debt. For Chevy Chase, Maryland borrowers, variable-rate HELOCs also carry the risk that payments rise if rates climb, and some lines shift from interest-only payments to full repayment after the draw period ends. Understanding the repayment structure before borrowing helps avoid payment shock later.