A Zions Bank® Home Equity Loan may be a great choice for consolidating your debt. You receive the money up-front and get a fixed repayment term with either a fixed or variable rate.
Get out of debt faster by consolidating high-interest bills
Lower your taxes when you deduct the interest (consult your tax adviser for details)
Make budgeting easy with a fixed payment amount
APR as low as**
Fixed rate: 60 months
Fixed rate: 120 months
Adjustable rate: 180 months, rate reset after 120 months**
Adjustable rate: 240 months, rate reset after 120 months***
Rates effective as of 04/18/2014
* APR based on autopay discount, Gold Checking discount and term of loan; rates subject to change without notice. Excellent credit history is required to obtain lowest advertised APR; other APRs are available. No points, closing costs or third-party fees. Property values will be determined by lender—any external appraisal requested by borrower will be at the borrower's expense. Limited to owner-occupied property with up to 80% combined loan-to-value; maximum loan-to-value determined by your credit score. Property insurance required. Other plans are available. Other restrictions apply. Contact Financial Center for details.
** The APR is variable and subject to change after 10 years. The minimum APR is 4.25% and the maximum APR is 21%. The APR and monthly payment can change no more than once after the 10th year.
*** The APR is variable and subject to change after 10 years, followed by 1 periods of 5year rate resets. The minimum APR is 4.25% and the maximum APR is 21%. The APR and monthly payment can change no more than twice after the 10th year.
ADDITIONAL RESTRICTIONS FOR LOANS SECURED BY MANUFACTURED HOME WITH LOT: Higher rate/APR applies. Fees, closing costs and third-party fees will be imposed on the borrower.
Maximum 75% loan-to-value.
Sample payment schedule based on a $50,000 loan:
60 monthly payments of $936.48
120 monthly payments of $534.98
180 monthly payments of $402.99 (APR and monthly payments subject to change during loan term)
240 monthly payments of $340.84 (APR and monthly payments subject to change during loan term)