Not a Member Yet? Get the process started here.
Home equity lines of credit work differently than other loans. Based on your home’s value and the amount left on your mortgage, you’re given access to a certain-sized pool of money for a period of years, called the draw period. You pay interest charges only as you use the money. There are no principal repayment requirements during this time. But when the draw period ends, the repayment obligations begin. Use this calculator to draw your own conclusions about possible interest charges and the size and duration of your eventual monthly payments.
By continuing, you will be leaving the Coastal Credit Union website.
Coastal Credit Union is not responsible for accuracy, security, content, or services offered by other websites; we encourage you to view privacy & security disclosures of all websites you visit as they may be different than those of Coastal Credit Union.
Visit our site again soon.