Interest Rate Heloc 2024. If you have substantial equity in your home and need significant financing, a $500k heloc offers a great deal of borrowing power. The interest rate on a heloc tends to be lower than rates on credit cards and personal loans.
When shopping for a heloc, look for a competitive interest rate, repayment terms that meet your needs and minimal fees. 25, 2024, the average rate for a $100,000 heloc was 9.11%, 9.26% and 9.95% for ltv ratios of 60%, 80% and 90%, respectively, according to data.