Loan Consolidation

Take a look at the following illustration of how a Home Equity Line of Credit (HELOC) can consolidate your loans.

 
Current model with multiple loan obligations
LoansCurrent BalanceCurrent Monthly Payment

Tuition

$10,000

$150

New Deck

$3,000

$155

Auto Loan

$13,000

$300

Credit Cards

$4,000

$175

TOTAL

$30,000

$780

 

Example of how you can use a HELOC to consolidate your loans
LoansConsolidated BalanceAPL FCU Monthly Payment

Tuition

---

---

New Deck

---

---

Auto Loan

---

---

Credit Cards

---

---

APL FCU HELOC

$30,000

$300

TOTAL

$30,000

$300

 

Based on this example, you could save $480 per Month!

Current payments of $780 a month versus the $300 monthly consolidated payment.

 

Ready to start saving?

Apply for a HELOC loan with us today!

Apply

 

 

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