| Financial Institution |
12 Months |
24 Months |
36 Months |
48 Months |
60 Months |
| Laurentian Bank Canada |
10.500 |
11.000 |
11.000 |
11.250 |
11.250 |
| National Bank |
7.000 |
7.150 |
7.150 |
7.500 |
7.500 |
Last Update: 07-25-2008 08:30:03
An equity loan is secured by a piece of property which in most cases is the principal residence of the borrower.
The chart shows fixed rate equity loan rates offered by selected Canadian financial institutions.
All rates are based on a loan of $40,000.
These rates are for indication purposes only and should be confirmed with each institution directly. The actual rate available to a borrower will vary depending upon a number of factors which may include general credit worthiness, security/collateral provided, borrowing/repayment history and the extent to which the borrower has other products/services with that particular vendor.
Data provided by 
