HELOC rate (prime + 1)
An illustration: the bank prime rate plus 1 percentage point.
What moves it
Prime often moves after the Federal Reserve changes its policy rate. Your margin can differ.
How it affects you
Interest-only payments on a drawn balance rise and fall with the rate. This page does not look up your line.
Open the Home equity calculator
Source: Bank prime via FRED, plus an assumed spread. Figures on the rates page are loaded live. This guide does not predict the next move.