We provide do it yourself loan options because no two property owners have actually the exact same needs. With no matter which choice is right for you, you will enjoy advantages like:
- 0.25per cent rate discount with automated re payments from the Frost checking or checking account
- No pre-payment charges
- No application charges or annual fees*
You can expect two kinds of do it yourself loans – one which calls for one to make use of your house as collateral plus one that does not.
Topic home should be situated in Texas.
Home Improvement Loan (Collateral Needed)
This kind of loan has lower rates of interest since it makes use of your property as security. In addition it enables you to borrow for larger projects that cost more.
|AMOUNT/TERM/LTV (LOAN TO VALUE)||APR (APR)|
|$2,000 or greater (second Lien) / 15 years / 90% LTV||5.49percent|
|$2,000 or greater (second Lien) / 20 years / 90% LTV||5.74percent|
|$2,000 – $20,000 (second Lien) / 15 years / 90.01% to 100% LTV||5.99percent|
Payment Example: that loan of $50,000 for 15 years at a easy rate of interest of 5.49% would produce a payment level of $408.28 each month† and a yearly percentage price (APR) of 5.49per cent.