HELOC Rates

Lower rates, bigger dreams

Make the equity in your home work even harder. With low home equity line of credit (HELOC) rates available, there’s no better time to consolidate debt, renovate or repair your home, and more.

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Our new, larger HELOC helps you do more

Now offering nearly double our previous line limit, our new HELOC allows you to access up to $400,000 of your home’s equity without an appraisal for most properties.* Plus, with our new 60-month introductory rate period, you’ll spend less time worrying about rising rates and more time living your happy. Remodel, refinance, reinvent yourself—if you can dream it, we want to help you achieve it.

See all available rates below.

*Available for a qualifying Bankoh Home EquityLine secured by property located in the State of Hawaii only. Line limits are based on occupancy and property location. Based on these and other factors, you may be eligible for a line less than $400,000 without an appraisal. In some cases, we may determine a full appraisal is required, resulting in costs to you ranging from $500 – $1,500. You may incur other closing costs.

Introducing a smarter way to refinance

Pay off your existing first mortgage with a Bankoh Home Equity Line up to $400,000 and enjoy rates close to or lower than conventional mortgage rates—with virtually no closing costs3.

Special FRLO rates:
4.50% APR** for 15 years5
5.35% APR for 30 years5

No mortgage? No problem. Enjoy the same low rates with virtually no closing costs when you tap into your home's equity up to $400,000.

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Questions? Contact us

Father holding son in air in front yard of house

3 Available for a qualifying Bankoh Home EquityLine secured by first lien on property located in the State of Hawaii only. Escrow services may be required if your request will pay off an existing mortgage. Escrow costs greater than $175 may be part of your closing costs. In some cases, the title company may determine an ALTA policy is required, resulting in a cost ranging from $350 to $2,050. Please consult your tax advisor regarding deductibility of interest charges on a new Bankoh Home EquityLine. Certain requirements and restrictions may apply. Subject to bank’s approval including but not limited to reviews of credit history, repayment ability and collateral. Programs and guidelines are subject to change.

** Annual Percentage Rate

HELOC Rates

Special Fixed Rate Loan Options4

Special Fixed Rate Loan Options4
15 Years 25 Years 30 Years
1st Lien/Refinance HELOC5 4.50%5 5.10%5 5.35%5
Standard HELOC6 4.65%6 5.25%6 5.50%6

Applicable for applications received 8/1/2022-8/15/2022. Available for new accounts and line increases, with a minimum amount of $10,000 at loan closing only. Monthly payments for Fixed Rate Loan Options (“FRLO”) are in addition to your minimum monthly payment on the variable rate portion of your home equity line. Other Fixed Rate Loan Options with varying rates and terms are available upon request. Other requirements and restrictions may apply.

Available for new lines or line increases up to $400,000 secured by properties without an existing first mortgage or whose first mortgage will be paid off by an initial draw from the new line of credit or line increase. The monthly payment per $10,000 borrowed for a 15-year FRLO at a 4.50% Annual Percentage Rate (“APR”) is approximately $76.50 (180 monthly payments of principal and interest), for a 25-year FRLO at a 5.10% APR is approximately $59.04 (300 monthly payments of principal and interest), and for a 30-year FRLO at a 5.35% APR is approximately $55.84 (360 monthly payments of principal and interest).

The monthly payment per $10,000 borrowed for a 15-year FRLO at a 4.65% APR is approximately $77.27 (180 monthly payments of principal and interest), for a 25-year FRLO at a 5.25% APR is approximately $59.92 (300 monthly payments of principal and interest), and for a 30-year FRLO at a 5.50% APR is approximately $56.78 (360 monthly payments of principal and interest).

HELOC Rates

Special Fixed Rate Loan Options4

1st Lien/Refinance HELOC5
4.50%5
Standard HELOC6
4.65%6
1st Lien/Refinance HELOC5
5.10%5
Standard HELOC6
5.25%6
1st Lien/Refinance HELOC5
5.35%5
Standard HELOC6
5.50%6

Applicable for applications received 8/1/2022-8/15/2022. Available for new accounts and line increases, with a minimum amount of $10,000 at loan closing only. Monthly payments for Fixed Rate Loan Options (“FRLO”) are in addition to your minimum monthly payment on the variable rate portion of your home equity line. Other Fixed Rate Loan Options with varying rates and terms are available upon request. Other requirements and restrictions may apply.

Available for new lines or line increases up to $400,000 secured by properties without an existing first mortgage or whose first mortgage will be paid off by an initial draw from the new line of credit or line increase. The monthly payment per $10,000 borrowed for a 15-year FRLO at a 4.50% Annual Percentage Rate (“APR”) is approximately $76.50 (180 monthly payments of principal and interest), for a 25-year FRLO at a 5.10% APR is approximately $59.04 (300 monthly payments of principal and interest), and for a 30-year FRLO at a 5.35% APR is approximately $55.84 (360 monthly payments of principal and interest).

The monthly payment per $10,000 borrowed for a 15-year FRLO at a 4.65% APR is approximately $77.27 (180 monthly payments of principal and interest), for a 25-year FRLO at a 5.25% APR is approximately $59.92 (300 monthly payments of principal and interest), and for a 30-year FRLO at a 5.50% APR is approximately $56.78 (360 monthly payments of principal and interest).

Have questions? Get in touch with our local lending experts.

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*#1 Residential Lender ranking is for total number of residential loans and total dollars made by a lender in the State of Hawaii in 2021. Information compiled by Title Guaranty derived from Hawaii Bureau of Conveyances tax data recorded information for 2021. Information is deemed reliable but not guaranteed.

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