15
YEAR
5.25% APR with autopay up to a 15-year1 Fixed Rate Loan
REFINANCE TODAY. FINANCIAL FREEDOM TOMORROW.
A 15-year Home Equity Installment Loan can speed up how quickly you build equity in your home and save you thousands of dollars in interest payments. You can also cut the number of payments in half when you refinance your current mortgage with a 15-year Home Equity Installment Loan.
Why refinance your current mortgage with a 15-year Home Equity Installment Loan?
- Pay off your home sooner - By condensing your loan term into 15 years, you'll eliminate your housing debt in half the time.
- Save thousands in interest – With a lower interest rate and shorter term you’ll save thousands of dollars in interest payments over the life of the loan.
- Build equity faster - Because more of your monthly payment applies toward your principal balance, you’ll build more equity in your home with each payment.
Try out our debt calculator to see how a Home Equity Installment Loan from Minnesota Bank & Trust, a division of HTLF Bank may benefit you by consolidating your existing debts into a single fixed rate loan.
Do I need a Home Equity Installment Loan or a Home Equity Line of Credit?
Both loans use the equity in your home as collateral, so what’s the difference? Check out the chart below to get an overview of what makes these loans different and visit our Home Equity Line of Credit page to learn more.
| HOME EQUITY LINE OF CREDIT | HOME EQUITY INSTALLMENT LOAN | |
|---|---|---|
| Interest Rate Type | Variable—adjusts with Wall Street Journal Prime Rate | Fixed for the life of the loan |
| Best Used For | Home repairs and renovations, debt consolidation, tuition, medical bills, or an emergency fund | Refinancing and replacing your current mortgage to lower your monthly payment or to pay-off your home loan sooner |
| Accessing the funds | Withdraw the funds as needed | Full loan amount is drawn at closing |
| Collateral | Uses your home as collateral | Uses your home as collateral |
| Repayment | You pay on the balance you owe; monthly payment can fluctuate, triggered each time you draw on the loan | Monthly payment stays the same for the life of the loan |
Speak With One of Our Loan Experts
Speak With Our Loan Expert
Personal Banking
Michelle Hager
NMLS #1223973
mhager@dubuquebank.com
563.589.2116
Rhonda Johnson
NMLS #1934017
RJohnson@dubuquebank.com
563.589.2163
Deanne Hayes
NMLS #1696011
DHayes@dubuquebank.com
563.744.4502
Janine Klauer
NMLS #1934016
JKlauer@dubuquebank.com
563.589.2152
Maddie Foust
NMLS #2166513
MFoust@dubuquebank.com
563.589.2173
Amy Heston
NMLS #523275
AHeston@dubuquebank.com
515.381.7953
Private Banking
Dee Crist
NMLS #718441
dcrist@dubuquebank.com
563.587.3987
Carissa Clinton
NMLS #1716854
CClinton@dubuquebank.com
563.587.4054
Jessie Ehrlich
NMLS #557344
JEhrlich@dubuquebank.com
563.587.3985
Tina Kirschman
NMLS #539809
tkirschman@illinoisbank.com
815.637.7009
Holly Bertucci
NMLS #1605025
hbertucci@illinoisbank.com
815.777.5118
Kim Bittner
NMLS #509213
kbittner@illinoisbank.com
815.963.2161
Judy Meehan
NMLS #503633
jmeehan@illinoisbank.com
815.963.2168
Mary Pohl
NMLS #502666
mpohl@illinoisbank.com
815.489.2155
Brandon Jewell
NMLS #863330
BJewell@arizbank.com
480.844.4549
Vanessa Montoya
NMLS #883161
VMontoya@arizbank.com
480.844.4514
Lee Redding
NMLS #502693
LRedding@arizbank.com
602.381.2123
Dominic Paxinos
NMLS #543066
dpaxinos@rmbank.com
406.777.7810
Karla Johnson
NMLS #1735790
KJohnson@rmbank.com
406.655.6028
Jolene Bradstreet
NMLS #543048
jbradstreet@rmbank.com
406.751.7062
Delga Madrigal
NMLS ID#: 1651609
Madrigal@citywidebanks.com
303.365.3663
Jordan Cross
NMLS ID#: 1651608
JCross@citywidebanks.com
970.855.0528
Kim Webb
NMLS ID#: 1041994
KWebb@citywidebanks.com
720.873.3776
Danielle Culver
NMLS ID#: 1450679
DCulver@citywidebanks.com
303.365.3711
Serena Faith Masterson
NMLS ID#: 932585
SMasterson@citywidebanks.com
303.595.2553
Johan Gomez Sang
NMLS #1880137
jgomezsang@mnbankandtrust.com
651.314.2609
Sherry McClain
Consumer Lending Officer, VP
NMLS #1718545
smcclain@bankbv.com
785.685.0631
Samantha Cruce
Consumer Lending Officer
NMLS #883598
SCruce@bankbv.com
816.548.4051
Tracy Snow
Consumer Lending Officer
NMLS #1669529
tsnow@bankbv.com
913.234.2214
Nayri Anwaya
Fresno Banking Center
NMLS #725497
nanwaya@premiervalleybank.com
559.256.6434
Antonio Gutierrez
Paso Robles & Higuera Banking Centers
NMLS #2271267
AGutierrez@premiervalleybank.com
805.226.4400
Sabrina Ostrowski
Oakhurst, Mariposa & Groveland Banking Centers
NMLS #746570
sostrowski@premiervalleybank.com
559.642.0635
806.788.2893
FBTLoans@firstbanktexas.com
1The Annual Percentage Rate (APR) shown is accurate as of 09/23/2022 for up to a 15-year Fixed Rate loan with a Loan-to-Value (LTV) of 80%. Payment example: 180 monthly principal and interest payments of $401.93 assuming a $50,000 loan and 5.25% APR, a 0.50% origination fee, and a $11 flood determination fee. Origination fee applies to refinance transactions and waived for all other transactions, however, loans are not offered for home purchase loans. Customer is responsible for third party fees. Second home or vacation home properties will have at least an additional 0.30% APR. Your APR may be higher and will be based on your credit qualifications, loan amount, and the location and type of property. Payments shown do not include taxes or insurance. The actual payment obligations may be greater. APRs for LTV 80%-90% may be as low as 6.50% APR. Stated APRs include a 0.25% discount for automatic payment from a Minnesota Bank & Trust, a division of HTLF Bank checking account. Maximum LTV on loans greater than $1,000,000 is 70%. Maximum loan amount of $2,000,000. Rates and terms are subject to change without notice. Rates are fixed after consummation. Contact lender for details. Limited time offer. Normal underwriting guidelines apply, subject to credit approval.
1The Annual Percentage Rate (APR) shown is accurate as of 09/23/2022 for up to a 15-year Fixed Rate loan with a Loan-to-Value (LTV) of 80%. Payment example: 180 monthly principal and interest payments of $402.03 assuming a $50,000 loan and 5.25% APR, with a $11 flood determination fee. Your APR may be higher and will be based on your credit qualifications, loan amount, and the location and type of property. Payments shown do not include taxes or insurance. The actual payment obligations may be greater. APRs for LTV 80%-90% may be as low as 6.50% APR. Stated APRs include a 0.25% discount for automatic payment from a Minnesota Bank & Trust, a division of HTLF Bank checking account. Maximum LTV on loans greater than $1,000,000 is 70%. Maximum loan amount of $2,000,000. Origination fee waived; customer is responsible for third-party fees. Promotion is not valid on home purchase loans. Rates and terms are subject to change without notice. Rates are fixed after consummation. Contact lender for details. Limited time offer. Normal underwriting guidelines apply, subject to credit approval.
1The Annual Percentage Rate (APR) shown is accurate as of 09/23/2022 for up to a 15-year Fixed Rate loan with a Loan-to-Value (LTV) of 80%. Payment example: 180 monthly principal and interest payments of $402.03 assuming a $50,000 loan and 5.25% APR, with a $11 flood determination fee. Second home or vacation home properties will have at least an additional 0.30% APR. Your APR may be higher and will be based on your credit qualifications, loan amount, and the location and type of property. Payments shown do not include taxes or insurance. The actual payment obligations may be greater. APRs for LTV 80%-90% may be as low as 6.50% APR. Stated APRs include a 0.25% discount for automatic payment from a Minnesota Bank & Trust, a division of HTLF Bank checking account. Maximum LTV on loans greater than $1,000,000 is 70%. Maximum loan amount of $2,000,000. Origination fee waived; customer is responsible for third-party fees. Promotion is not valid on home purchase loans. Rates and terms are subject to change without notice. Rates are fixed after consummation. Contact lender for details. Limited time offer. Normal underwriting guidelines apply, subject to credit approval.