Benefits of Using Home Equity

A Capital One® home equity loan or line of credit is a low-cost, low-interest way to pay for important expenses.

  • Tax deductible
    You may be able to deduct the interest on the money you borrow—consult your tax advisor.
  • Perfect for important expenses
    Use your loan or line of credit for home improvements, college tuition, high-interest bills, and more.

Low Rates for Multiple Uses

Capital One offers one of the lowest home equity rates in the nation.

See Rates for your Location Get a Custom Rate Quote

Ways to Use Your Home Equity

Home Improvement  Refinance Consolidate Balances 

Three Ways to Get Started

Three ways to get started on your Home Equity application
By Phone: 1-877-475-1248
Schedule a Call 
Online: Get Started
In Person: Find a branch

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Top FAQ

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Capital One, N.A., NMLS ID 453156.

Home Equity Line of Credit
Advertised Annual Percentage Rate (APR) is for a home equity line of credit effective as of date indicated. Advertised rates and terms are subject to change without notice. Advertised APR includes a 0.25% discount when you set up automatic payments from any checking or savings account. Advertised APR is based on an excellent credit history and a line amount of $100,000. Your variable rate is calculated by adding a percentage to the most recent Prime rate published in the “Money Rates” section of The Wall Street Journal. Maximum rate is not to exceed 18% or the highest rate permitted by applicable state law. Fees due at closing include applicable third-party fees ranging from $0 to $9,500. An annual fee of $50 will be also be applied. This fee does not apply for TX residents. Additional terms and restrictions apply. Subject to borrower qualification. Upon approval, your home equity line of credit amount may vary based on your specific situation. Taking out a home equity line of credit may increase the total amount paid when compared to your current situation. You may choose a HELOC either with or without an early termination fee. HELOCs with an early termination fee require no payment at closing, but if you pay off the line within 36 months of opening, you must pay a fee of up to $450 and any applicable mortgage/documentary taxes we paid on your behalf at closing. HELOCs without an early termination fee require payment of $375 plus any applicable NY, VA, MD, or Orleans Parish mortgage tax or documentary transaction tax at the time of closing, but can be paid off at any time without additional fees. Early termination fees do not apply to Texas residents. For questions regarding these options, please contact the Consumer Lending Center at 1-877-475-1248.