Home equity loan (fixed) · United States

Navy Federal Fixed-Rate Home Equity Loan: what $50,000 costs by the day you sell

In our illustration, take $50,000 from a $500,000 home through Navy Federal Credit Union and sell in year 10: the model produces $36,341 more than you received, an annualized modeled cost of 8.7%. Sold in year 5 the cost is $19,725.

That uses the lowest APR the page publishes, 8.35%, held flat, which is an advertised minimum.

What does the provider publish?

Navy Federal Credit Union publishes the terms below on its own pages; each line links to the page it was read from.

What Navy Federal Credit Union publishes, copied as stated. checked 2026-09-29
Term	As published	Where
Lowest published APR	8.35% (as low as)	source
Highest published APR	8.35%	source
Rate type	fixed	source
Flat fee	$0	source
Annual fee	none	source
Closing costs	none, as published — Navy Federal will pay for all closing costs on fixed-rate equity loan applications.	source
Early payoff	None	source
Term options	5, 10, 15, 20 years	source
Maximum combined loan-to-value	100%	source
Minimum amount	$10,000	source
Maximum amount	$500,000	source

Notes from the page; text in quotation marks is quoted verbatim. “Fixed Equity 5 Years as low as 7.340%; 10 Years 7.650%; 15 Years 7.950%; 20 Years 8.350% APR; max loan $500,000. Rates assume a 750 FICO, primary residence, and a 70% maximum HLTV. Navy Federal will pay for all closing costs on fixed-rate equity loan applications (typical member costs $300-$2,000 for loans up to $250,000). No pre-payment penalties. $10,000 - $500,000; up to 100% of your home's equity. Membership (military affiliation) required. Rechecked 2026-09-29: The 7.34% advertised APR is for the 5-year loan; this row models the 20-year term, published at 8.35% APR.” checked 2026-09-29

States: not stated in the provider's published documentation (checked 2026-09-29).

Minimum credit score: not stated in the provider's published documentation (checked 2026-09-29).

Minimum home value: not stated in the provider's published documentation (checked 2026-09-29).

What does it cost by the day you sell?

The table applies the published terms to one scenario, the same one used for every product on this site. No upfront fee is published, so none is added.

$50,000 taken from a $500,000 home that gains 3% a year, computed from the published terms above at the lowest published rate. amortized over 20 years. checked 2026-09-29
Sold in	Paid along the way	Owed at sale	Upfront fees	Total cost	Annualized
year 3	$15,450	$46,689	$0	$12,139	8.7%
year 5	$25,751	$43,974	$0	$19,725	8.7%
year 10	$51,501	$34,840	$0	$36,341	8.7%

Scroll sideways on a phone.

How that is worked out

home value today = $500,000; cash taken = $50,000 (10% of value) home value in year N = $500,000 x 1.03^N (3% a year, every product) HEI, share of value = multiplier x 10% x home value in year N HEI, principal + share = $50,000 + share x (value in year N - adjusted starting value) HEI cap = $50,000 x (1 + cap/12)^(12N) where the provider publishes a cap HELOC illustration = interest-only using the lowest published APR as a rate proxy, then amortized home equity loan example = amortized using the lowest published APR as a rate proxy total cost at sale (N) = payments made + balance or payoff owed at sale - $50,000 + upfront fees annualized cost = the yearly rate that turns the cash received into everything paid back

Every rate is the lowest the provider publishes, so where a page says “as low as” the figure is an illustrative starting scenario. An “up to” fee is modeled at its stated maximum; the actual fee may be lower. APR is used as a proxy for the payment rate when no separate note rate is published. Variable rates are held flat. Eligibility, unpublished charges, taxes and insurance are excluded. These figures are neither quotes nor guaranteed lower bounds. Read the method.

Who owns it?

States that it is independently owned. Source. checked 2026-09-29

Where this leaves you

If rates rise, this figure does not hold: it uses 8.35% flat.
If the year-10 cost is what matters, U.S. Bank works out at $20,908 on the same scenario — compare the two.
Do not decide yet if you do not know when you will sell: this product costs $12,139 at a sale in year 3 and $36,341 in year 10, and the right comparison is against your own sale year and home value, not ours.

Who this page is not for

This is not a review. We have not used Navy Federal Credit Union, we hold no opinion on its service, and nothing here is a recommendation or advice. It answers one question: what the published terms turn into by the day you sell.

Sources

Navy Federal Credit Union terms page. checked 2026-09-29
Navy Federal Credit Union: maximum combined loan-to-value. checked 2026-09-29
Ownership source. checked 2026-09-29
data.json — the row behind this page, with the source URL and check date on every figure.

Written by Kaz (pen name). Figures are copied from providers' published pages on the dates shown. We have not used these products. Corrections: contact form.