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

Loans Current Balance Current 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

Loans Consolidated Balance APL 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!