1The rate is for illustrative and educational purposes only. Your actual Annual Percentage Rate (APR) may be higher than the rates shown. Rates may vary by state, and are applicable to the state in which the collateral property is located. Your APR is based on the specific characteristics of your credit application including but not limited to: evaluation of credit history, amount of credit requested, property type, lien position, combined loan to value, and/or geographic location. Rates subject to change.
Combined loan to value (CLTV) is a percentage calculated by dividing your total outstanding mortgage(s) – or liens – by the market value of the property. Maximum combined loan to value (CLTV) is based on creditworthiness, property type, occupancy, lien position and loan amount. Occupancy is related to how you use the property. 1) Primary occupancy: a property in which you live most of the year; 2) Secondary occupancy: a property in which you live part of the year (e.g., weekends or vacations); 3) Investment: a property that is used by others, in which you may or may not receive rent.
Offer valid on loan/line amounts up to $500,000. For loan/line amounts greater than $500,000, additional terms and conditions will apply. Lien position may affect the maximum loan/loan amount.
Available on 1–4 family primary or secondary residences, excluding mobile homes, boats, RVs, and homes for sale, under construction or on leased land. For co-ops, additional terms and conditions will apply. For a property value greater than $2.5 million, additional terms and conditions may apply. Property insurance is required.
Interest paid on an equity line or equity loan may be tax deductible. Consult your tax advisor about the deductibility of interest.
2APR is variable based on the Wall Street Journal Prime Default Value% to Default Value%, and will not exceed 18%. As of Jan 18, 2019, Prime Rate is Default Value%. Minimum line amount for Prime Default Value% is Default Value. Other rates are available for lines of credit in amounts below $200,000. APR calculation includes an origination fee, which is considered a finance charge, and does not include additional fees and charges that may be applicable.
A TD Bank personal checking account is required to be eligible for the additional Default Value% rate discount, which is reflected in the rate shown here. The relationship discount may be terminated and the interest rate on this account may increase by Default Value% upon closure of the personal checking account.
The following fees apply: annual fee of $50 (except on loan amounts less than $50,000) is assessed after one-year anniversary; origination fee of $99 is a finance charge; an early termination fee of 2% of outstanding principal balance with a max of $450 applies if line of credit is paid off and closed within 24 months from the date the account is opened. Closing costs exist on lines of credit greater than $500,000, investment properties and co-ops. When refinancing a mortgage or home equity loan/line, a mortgage discharge fee may apply.
If you pay interest only, you will still owe the amounts drawn and your monthly payment will increase when the interest-only period ends.
3The interest rate is fixed for the life of the loan. NA% Annual Percentage Rate (APR) is for loan amounts between $100,000 and $499,999 with 120-month term. Loan terms can range from 5 years to 30 years. As of Jan 18, 2019, APRs for Home Equity Loans range from NA% to NA%. The APR will not exceed 18%. Other rates are available for other loan amounts and terms.
Rate shown includes discount of 0.25% requiring Automatic Payment Deduction from a TD Bank personal checking or savings account.
Origination fee of $99, which is a finance charge, applies.
Loans subject to credit approval. Equal Housing Lender 
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