Rio Grande Credit Union
Rio Grande Credit Union
Home Equity Loans

So many ways to use a Home Equity Loan.

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Home Equity Loans

Need cash to consolidate debt, make improvements on your home, buy a car, or take care of other financial obligations? Turn the equity in your home into cash with a home equity loan. Upon acceptance you get a lump sum of money to use for projects or debt consolidation. Your home equity loan is repayable over a fixed term, gives you a secure, locked-in rate, and a consistent monthly payment.

Benefits of A Home Equity Loan:

  • Immediate cash for large purchases
  • Low fixed rate
  • Affordable payments

Ready to Get Started?

Call 505-262-1401

Calculate Your Payment

Home Equity Loan Calculator

Choose Your Rate

Loan Rates
Term in monthsRate as low as
120 120 7.500%
180 180 7.875%
240 240 8.500%

What's Your Loan Amount?

4.189% APR*

Your monthly payment is only...

$ for months*

Home Equity Loan Rates

Home Equity Loans
Effective Date: Monday, May 27th, 2024
APR As Low AsTermApprox Monthly Payment ($20,000 Loan)
7.50% 120 Months $237.40
7.88% 180 Months $189.69
8.50% 240 Months $173.56
Rates are subject to change without notice. Annual Percentage Rate (APR) on approved credit. Rates are based on an evaluation of credit history and lien position. "As low as" rate assumes excellent credit history. Your rate may differ. Closed End Home Equity Loan is a fixed rate loan. APR quoted for loan amounts up to $149,999. Call for APR on loans of $150,000 or more. Borrower is responsible for homeowners insurance and, if required, flood insurance.