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Home Equity Rates

Interest rates and annual percentage rates are subject to change and are accurate as of 12/09/16. A late charge of 5% of the past due payment will be assessed if your payment is past due. All loans are subject to credit approval by Royal Bank America. Property insurance is required. You may not use this home equity loan/line for commercial purposes.  All rates shown are Annual Percentage Rate (APR). NMLS 883925

$10,000 to $415,000
(with Royal Bank America in 1st lien position and with Direct Debit# from Royal Bank America account | No Application Fee)

Term/Years Amount Financed ($10,000 – $49,999) Amount Financed ($50,000 – $415,000)*
1 – 5 Years 3.74% APR Fixed 3.49% APR Fixed
6 – 10 Years 4.24% APR Fixed 3.99% APR Fixed
11 – 15 Years 4.74% APR Fixed 4.49% APR Fixed

(with Royal Bank America in 2nd lien position and with Direct Debit# from Royal Bank America account | No Application Fee)

Term/Years Amount Financed ($10,000 – $49,999) Amount Financed ($50,000 – $415,000)*
1 – 5 Years 4.74% APR Fixed 4.24% APR Fixed
6 – 10 Years 5.24% APR Fixed 4.74% APR Fixed
11 – 15 Years 5.74% APR Fixed 5.24% APR Fixed

$415,001 to $750,000
(with Royal Bank America in 1st lien position and with Direct Debit# from Royal Bank America account | Fees apply)

Term/Years Amount Financed ($415,001 to $750,000)*
10 Years 4.99% APR Fixed
15 Years 5.49% APR Fixed

$750,001 to $1,250,000
(with Royal Bank America in 1st lien position and with Direct Debit# from Royal Bank America account | Fees apply)

Term/Years Amount Financed ($750,001 to $1,250,000)*
10 Years 5.49% APR Fixed
15 Years 5.99% APR Fixed

#All home equity loan rates without Direct Debit from a Royal Bank America account are plus 0.50%.

*Fees may be assessed for an appraisal, title search, flood insurance, credit bureau, mortgage recording and satisfaction fee. For loan amounts above $250,000, customers are responsible for title insurance.

$10,000 to $415,000
(with Direct Debit# from Royal Bank America account | No Application Fee | No Early Termination Fee | No Annual Fee | title insurance applies to amounts above $250,000)

Amount Financed APR (Variable**)
$10,000 – $49,999 3.75% APR (prime plus 0.25%)
$50,000 – $415,000 1.99% APR (prime minus 1.51%) for the 1st six months with a go to rate of 3.24%APR (prime – 0.26%)***

$415,001 to $750,000
(with Direct Debit# from Royal Bank America account | Fees apply)

Amount Financed APR (Variable**)
$415,001 – $750,000 4.75% APR (prime plus 1.25%)

$750,001 to $1,250,000
(with Direct Debit# from Royal Bank America account | Fees apply)

Amount Financed APR (Variable**)
$750,001 – $1,250,000 5.75% APR (prime plus 2.25%)

#All home equity line of credit rates without Direct Debit from a Royal Bank America account are plus 1.0%. Fees may be assessed for an appraisal, title search, flood insurance, credit bureau, mortgage recording and satisfaction fee.

**Variable rate is based on Wall Street Journal Prime (3.50% as of 08/16/16) and is subject to change. Minimum APR is 2% and maximum APR is 18%. For loan amounts above $250,000, customers are responsible for title insurance.

***The introductory fixed Annual Percentage Rate (APR) shown equates to Prime minus 1.51%. This APR will apply to the first six (6) full billing cycles after closing. Thereafter the APR will be at Prime minus 0.26%. Rate as shown for lines of $50,000-$415,000 and automatic payment (direct debit) from a Royal Bank America (RBA) checking account and a draw of $15,000 within the first 30 days after closing. Lines without direct debit are not eligible for the introductory rate and are priced at Prime plus 1.00% APR (4.50% APR as of August 19, 2016). Rate will be 1.00% higher without a draw within the first 30 days. APR is a variable rate and is subject to change. Rates are accurate as of August 19, 2016 and are based on Wall Street Journal Prime (3.50% as of 08/19/16). Applications must be completed and received by December 31, 2016. Minimum APR is 2%. Maximum APR is 18%. No application/annual/closing fees apply for lines of $50,000 to $250,000. Title insurance is required for lines of $250,001 to $415,000. A late charge of 5% of the past due payment will be assessed if your payment is past due. All loans are subject to credit approval by RBA. Maximum loan to value (LTV) is 80% for primary, in-market residences only. Property insurance is required. You may not use this home equity line for commercial purposes. Other rates and terms available. Please visit royalbankamerica.com or one of our convenient branches to speak with a bank representative. NMLS 883925.

Home Equity Loan – Second Home Financing $10,000 – $415,000
(with Royal Bank America in 1st lien position and with Direct Debit# from Royal Bank America account | Fees may apply | No Application Fee)

Term/Years Amount Financed ($10,000 – $49,999) Amount Financed ($50,000 – $415,000*)
1 – 5 Years 5.24% APR Fixed 4.74% APR Fixed
6 – 10 Years 5.74% APR Fixed 5.24% APR Fixed
11 – 15 Years 6.24% APR Fixed 5.74% APR Fixed

$415,001 to $750,000
(with Royal Bank America in 1st lien position and with Direct Debit# from Royal Bank America account | Fees may apply | No Application Fee)

Term/Years Amount Financed ($415,001 to $750,000*)
10 Years 5.24% APR Fixed
15 Years 5.74% APR Fixed

Home Equity Line of Credit – Second Home Financing $10,000 to $415,000
(with Direct Debit from Royal Bank America account | Fees may apply | No Application Fee)

Amount Financed APR (Variable**)
$10,000 – $49,999 4.75% APR (prime plus 1.25%)
$50,000 – $415,000* 4.50% APR (prime plus 1.00%)

$415,001 to $750,000
(with Direct Debit from Royal Bank America account | Fees may apply | No Application Fee)

Amount Financed APR (Variable**)
$415,001 – $750,000* 5.75% APR (prime plus 2.25%)

#Second home financing rates without Direct Debit from a Royal Bank America account are plus 1.00% for home equity lines of credit and plus .50% for home equity loans. Fees may be assessed for an appraisal, title search, flood insurance, credit bureau, mortgage recording and satisfaction fee.

*For loan amounts above $250,000, customers are responsible for title insurance.

**Variable rate is based on Wall Street Journal Prime (3.50% as of 08/16/16) and is subject to change. Minimum APR is 2% and maximum APR is 18%.

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