What are current rates on an equity loan?

What are current rates on an equity loan?
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1 Answer

Answer :

Most equity loans are loaning money at least at 5%. Interest rates do vary from loan to loan based on the credit worthiness of the loan.
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Related questions

How does a home equity loan work?

Description : How does a home equity loan work?

Last Answer : answer:Is a secured loan where you borrow against the equity in your house. This is calculated by taking the appraised market value of your home minus what you owe on the house. Say you paid $200k for your house ... at $225k. $225 - $150 = $75k in equity that you can borrow in a HEL Good Luck ! R

Can interest on Home Equity loan be deducted from federal taxes

Description : Can interest on Home Equity loan be deducted from federal taxes

Last Answer : The interest on most home equity loans is tax deductible. There are limitations to interest deductions for home equity loans depending on what the loan is used for. For more information about home equity loan tax deductions, see IRS Publication 936, Home Mortgage Interest Deduction .

Auto Loan vs. Home Equity Loan?

Description : Auto Loan vs. Home Equity Loan?

Last Answer : Auto Loan vs. Home Equity LoanHome equity loans often have lower interest rates than autoloans and the interest may be tax deductible. Two good reasons totake a look at home equity loans to finance your automobilepurchase.

Can I get a home equity loan from a Texas bank if I live in another state?

Description : Can I get a home equity loan from a Texas bank if I live in another state?

Last Answer : You should be able to get a home equity loan if you live in another state. The most important factor is your credit rating.

What is the average interest rate on a Home Equity Loan in Texas?

Description : What is the average interest rate on a Home Equity Loan in Texas?

Last Answer : The average interest rate on a Home Equity Loan in Texas is about 8 to 10%. You can read more at www.window.state.tx.us/specialrpt/homeeqty03/ There are several different types of loans and circumastances,so a tru average is not possible. You can find rates as low as 5% and as high as 19%

Can I use my car's title as collateral for a car equity loan?

Description : Can I use my car's title as collateral for a car equity loan?

Last Answer : When it comes to using collateral for a car equity loan using your car title is an option through certain loan providers it just depends on their qualifications and the value of your car.

What are the current car loan interest rates?

Description : What are the current car loan interest rates?

Last Answer : Interest rates vary depending on your credit history and the lending institution. You should speak with your bank to determine what they can do for you. In addition, many car delearships have promotions such as 0% financing.

When will jumbo loan rates be reasonable?

Description : When will jumbo loan rates be reasonable?

Last Answer : What are you asking? When will the now jumbo rates become lower and more reasonable? Or when will it be reasonable for rates to be jumbo? Also, please include more information re: your question in the appropriate field.

What is the personal loan interest rates in India?

Description : What is the personal loan interest rates in India?

Last Answer : Personal Loan Interest Rates varies from bank to bank.Best lender for personal loan with low interest rate is Buddy Loan India.

What banks offer the best interest rates on a debt consolidation loan in the Boston area?

Description : What banks offer the best interest rates on a debt consolidation loan in the Boston area?

Last Answer : There are a lot of banks that offer good interest rates on debt consolidation loans. The best one to choose is Regions.

What are the loan rates for small business?

Description : What are the loan rates for small business?

Last Answer : Business News reports the loan rate for a small business under $100,000 is currently 8.38%. Over $100,000 borrowed carries an interest rate of 7.59%. Be advised that interest rates are subject to change on a daily basis.

Where can I find VA loan rates online?

Description : Where can I find VA loan rates online?

Last Answer : Whenever my husband and I needed to find financing we went to Quicken Loans, (they are online). They are awesome!!! Quick responses, great staff, and they ALWAYS answer your questions in a timely manner. They have VA loans there too.

Is there any auto loan with good rates, that works the best?

Description : Is there any auto loan with good rates, that works the best?

Last Answer : Yes, you can go to a place online to find auto loan companies. One example is 1-800-get-acar. However, it may be a good idea to check out local companies that you can trust. Wells Fargo and Bank of America as well-known companies that offer auto loans.

Fastest and easiest personal loans with no credit check and guaranteed lowest rates on no credit check loans. Fast cash loan today in one hour or less.?

Description : Fastest and easiest personal loans with no credit check and guaranteed lowest rates on no credit check loans. Fast cash loan today in one hour or less.?

Last Answer : Online there are many places to find a fast cash loan that also can be very reliable and trustworthy. Also if you are signed up with banks that have online loans it can be quick as a whistle and you can be off to wherever you need to go with a loan.

are auto loan rates fixed or variable?

Description : are auto loan rates fixed or variable?

Last Answer : Auto loan are fixed rate loans. The only way to change them is to go to another lender and refinance for a lower rate. I recommend shopping for the best rate before you start and would advise going with your personal bank over financing through the dealer.

Which one of the following transactions changes the current ratio ? (A) Purchase of goods for cash (B) Plant acquired on account (C) Sold goods on credit (D) Debentures converted into equity capital

Description : Which one of the following transactions changes the current ratio ? (A) Purchase of goods for cash (B) Plant acquired on account (C) Sold goods on credit (D) Debentures converted into equity capital

Last Answer : Answer: Plant acquired on account

Your firm has a philosophy that is analogous to the hedging (maturity matching) approach. Which of the following is the most appropriate non-spontaneous form for financing the excess seasonal current asset needs? A. Trade credit. B. 6-month bank notes. C. Accounts payable. D. Common stock equity.

Description : Your firm has a philosophy that is analogous to the hedging (maturity matching) approach. Which of the following is the most appropriate non-spontaneous form for financing the excess seasonal current asset needs? ... credit. B. 6-month bank notes. C. Accounts payable. D. Common stock equity.

Last Answer : B. 6-month bank notes.

In deciding the optimal level of current assets for the firm, management is confronted with . A. a trade-off between profitability and risk B. a trade-off between liquidity and risk C. a trade-off between equity and debt D. a trade-off between short-term versus long-term borrowing

Description : In deciding the optimal level of current assets for the firm, management is confronted with  . A. a trade-off between profitability and risk B. a trade-off between liquidity and risk C. a trade-off between equity and debt D. a trade-off between short-term versus long-term borrowing

Last Answer : A. a trade-off between profitability and risk

Which of the following illustrates the use of a hedging approach to financing assets? A. Temporary current assets financed with long-term liabilities. B. Permanent working capital financed with long-term liabilities. C. Short-term assets financed with equity D. All assets financed with a mixture of 50% equity and 50% long-term debt

Description : Which of the following illustrates the use of a hedging approach to financing assets? A. Temporary current assets financed with long-term liabilities. B. Permanent working capital financed with long-term ... equity D. All assets financed with a mixture of 50% equity and 50% long-term debt

Last Answer : B. Permanent working capital financed with long-term liabilities.

_________ is also known as working capital ratio. (a) Current ratio (b) Quick ratio ((c) Liquid ratio (d) Debt-equity ratio

Description : _________ is also known as working capital ratio. (a) Current ratio (b) Quick ratio ((c) Liquid ratio (d) Debt-equity ratio

Last Answer : (a) Current ratio

. If debt equity ratio is 3:1; the amount of total assets are Rs.20 lakh; current ratio is 1.5:1 and owned funds are Rs.3 lakh. What is the amount of current assets? a) Rs.5 lakh b) Rs.3 lakh c) Rs.12 lakh d) Rs.15 lakh

Description : . If debt equity ratio is 3:1; the amount of total assets are Rs.20 lakh; current ratio is 1.5:1 and owned funds are Rs.3 lakh. What is the amount of current assets? a) Rs.5 lakh b) Rs.3 lakh c) Rs.12 lakh d) Rs.15 lakh

Last Answer : c) Rs.12 lakh

Which of the following statement is correct? A. Fixed assets must always be shown at market value B. Book-keeping and accounting are different terms C. Owner's Equity = Assets + Liabilities D. Patents is an example of current asset

Description : Which of the following statement is correct? A. Fixed assets must always be shown at market value B. Book-keeping and accounting are different terms C. Owner's Equity = Assets + Liabilities D. Patents is an example of current asset

Last Answer : A. Fixed assets must always be shown at market value

Long term solvency of a firm can be measured by a) Current ratio b) Net profit ratio c) Gross profit ratio d) Debt equity ratio

Description : Long term solvency of a firm can be measured by a) Current ratio b) Net profit ratio c) Gross profit ratio d) Debt equity ratio

Last Answer : d) Debt equity ratio

The ratio which depicts the relationship between two items,one of which is drawn from the Balance Sheet and the other from the revenue account a) Current ratio b) Equity Ratio c) Net Profit ratio d) Debtors Turn over Ratio

Description : The ratio which depicts the relationship between two items,one of which is drawn from the Balance Sheet and the other from the revenue account a) Current ratio b) Equity Ratio c) Net Profit ratio d) Debtors Turn over Ratio

Last Answer : d) Debtors Turn over Ratio

Which of the following sources is not use for medium term financing? A. Issue of equity shares. B. Issue of debentures. C. Term loans from banks. D. Sale of current asset.

Description : Which of the following sources is not use for medium term financing? A. Issue of equity shares. B. Issue of debentures. C. Term loans from banks. D. Sale of current asset.

Last Answer : A. Issue of equity shares.

Is there anything nice to say about private equity funds?

Description : Is there anything nice to say about private equity funds?

Last Answer : The only ‘good’ thing to say is that – if you are in them, you can go from moderately rich to VERY rich without doing a damn thing.

Gender equity or gender war?

Description : Gender equity or gender war?

Last Answer : answer:There's a very interesting book about many of these issues called The Myth Of Male Power by Dr. Warren Farrell. Make no mistake though, he is operating from a VERY biased, anti- ... of women and men, respectively, each year, but breast cancer research receives 700% more funding annually.

Explain the concept Of ‘equity’ and ‘sustainability’ as the pillars of human development. -Geography

Description : Explain the concept Of ‘equity’ and ‘sustainability’ as the pillars of human development. -Geography

Last Answer : Equity: Equity refers to making equal access to opportunities available to every body. It must be equal irrespective of their gender, race, income and in the Indian case, caste. ... generations. Each generation must ensure the availability of choices and opportunities to its future generations.

What is Equity ?

Description : What is Equity ?

Last Answer : Equity means equality.

what is fair equity percentage for small project startup participation?

Description : what is fair equity percentage for small project startup participation?

Last Answer : Need Answer

Which is a better SIP investment option - Equity funds or Index funds ?

Description : Which is a better SIP investment option - Equity funds or Index funds ?

Last Answer : Equity fund is a part of index fund hence both have their pros and cons. Equity funds are the most popular due to the past performance of these funds. You can select both by dividing your ... than going through regular index mutual funds. You can refer Infini mf app for top performing mutual funds.

State whether drawings increase or decrease owner’s equity.

Description : State whether drawings increase or decrease owner’s equity.

Last Answer : State whether drawings increase or decrease owner’s equity.

What does equity of a tax mean?

Description : What does equity of a tax mean?

Last Answer : The tax is fairly assessed.

Why is cost of equity called cost of equity?

Description : Why is cost of equity called cost of equity?

Last Answer : Feel Free to Answer

What A financial statement that lists a company's assets liabilities and owner's equity as of a specific date is called?

Description : What A financial statement that lists a company's assets liabilities and owner's equity as of a specific date is called?

Last Answer : A Balance Sheet, also sometimes referred to as a Statement of Financial Position.

Should I trust a private equity firm?

Description : Should I trust a private equity firm?

Last Answer : You can if you choose carefully. Here is a guide http://secondventure.com/How-to-Choose-a-Private-Equity-Company.asp

What is private equity and how does it work?

Description : What is private equity and how does it work?

Last Answer : Private equity is the personal ownership of stocks. Equity is a form of ownership of a company and you can be involved in private equity simply by building a portfolio of stocks that you own.

Can you please explain the Texas law on refinancing home equity loans?

Description : Can you please explain the Texas law on refinancing home equity loans?

Last Answer : The laws are federal. You can find more info at http://www.occc.state.tx.us/pages/brochures/home_equity_lending.html

What is American Equity index 5 rated?

Description : What is American Equity index 5 rated?

Last Answer : If you are referring to American Equity Investment Life Insurance Company (and not the mortgage company) and have an Index-5 then you may be entitled to funds from a class action settlement.

Does my equity improve my chances of getting refinanced?

Description : Does my equity improve my chances of getting refinanced?

Last Answer : The more equity someone has, the better the chances of getting refinancing to go through. Confirming this with current lenders or banks would be best to get an accurate answer.

Can I refinance my mortgage if I have low equity in my house?

Description : Can I refinance my mortgage if I have low equity in my house?

Last Answer : Yes it is possible to refinance your house if you have low equity. But you must have at least 20 percent equity before your refinance will be apporoved.

How is the credit line priced for a home equity line?

Description : How is the credit line priced for a home equity line?

Last Answer : The most informative online resource for information on a credit line for a home equity line is from United States government. http://www.federalreserve.gov/pubs/equity/equity_english.htm

Home Equity Lines of Credit?

Description : Home Equity Lines of Credit?

Last Answer : In addition to home equity loans, it is now possible to obtain home equity lines of credit that allow you to borrow only the amount you need at any given time, even though you have access to an ... of your home. It is even possible to apply for a home equity line of credit from online lenders.

How do you calculate the asset beta, equally weighted asset beta and cost of capital equity for 3 given firms?

Description : How do you calculate the asset beta, equally weighted asset beta and cost of capital equity for 3 given firms?

Last Answer : An equity analyst needs to estimate the beta of the restaurant business in the UK. She gathers data on three companies that own and manage pubs, bars and restaurants in the country, namely, the Restaurant Group ( ... is 1.9b GBP. Wetherspoon has an equity beta of 0.80 and is financed 30% by debt a

What is the role of individual is maintaining peace harmony and equity in nature?

Description : What is the role of individual is maintaining peace harmony and equity in nature?

Last Answer : In order to live in harmony with nature human beings must recognize and respect its the human existence has to function and sustain itself within this system. Harmony in the individual and harmony in human relationships.

Which of these government policies pursues the economic goal of equity?

Description : Which of these government policies pursues the economic goal of equity?

Last Answer : Increasing the money supply.

which is the cvv number on an equity MasterCard?

Description : which is the cvv number on an equity MasterCard?

Last Answer : the three-digit CVV number is printed on the signature panel on the back of the card immediately after the card's account number

What is the difference between an equity and an IPO?

Description : What is the difference between an equity and an IPO?

Last Answer : IPO Initial Public Offering is made by private companies to convert it into public based companies and that is the first time ever that company is selling its shares to the public whereas Equity share ... from the public, instead the company will pay the interest to the public who holds its shares.

What is the difference between commodity and equity?

Description : What is the difference between commodity and equity?

Last Answer : equity gives the person ownership rights while commodity refers to goods that can be traded. Commodity refers to a generic form of a product that is very basic and undifferentiated. Examples of a ... shares held by a shareholder represent equity as it shows ownership held in the company by other.

Which one of the following is not an objective of the introduction of Primary Dealer System ? (A) To encourage a voluntary holding of govt. securities amongst a wider investor base (B) To make Primary Dealer System an effective conduct of open market operations (C) To strengthen the private equity infrastructure (D) To strengthen the govt. securities infrastructure

Description : Which one of the following is not an objective of the introduction of Primary Dealer System ? (A) To encourage a voluntary holding of govt. securities amongst a wider investor base (B) To ... (C) To strengthen the private equity infrastructure (D) To strengthen the govt. securities infrastructure

Last Answer : Answer: To strengthen the private equity infrastructure