Is this page an offer of credit?

No. It is a lender's published offer, copied from the lender's public website on the date shown, and nothing on it is a quote, a pre-approval or a commitment to lend. Your rate is set by the lender after you apply on its site.

Why does the APR show a range?

Because that is what the lender publishes. Banrox shows the APR block only when the lender publishes one and quotes the lender's own wording; the rate you are offered depends on your credit history, income, amount and term, and may be higher than the lowest rate shown.

How is the monthly payment estimate calculated?

Principal and interest at the lowest APR the lender publishes, over the term you pick, excluding origination and other fees. It is an estimate for comparison only, and the lender's own disclosure governs.

What is the "Lowest APR" history chart?

A record of the lowest APR this lender published each time Banrox checked its page, so you can see whether the rate has been moving. It is a history of published rates, not a prediction of what you will be offered.

Does Banrox get paid if I apply?

Banrox may receive compensation from the lender when you take a product through the site, and that compensation cannot change the order in which offers are shown. Advertiser and Affiliate Disclosure.

Does clicking Apply affect my credit?

Not on Banrox. Apply takes you to the lender's site, where the lender's own application may involve a hard inquiry, and the lender must tell you before it does. Soft pull and hard pull, explained.

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PenFed Home Equity Line of Credit (HELOC)

PenFed Credit Union · Home equity · Rates as of Oct 12, 2026

APR (variable)

7% to 18%

APR, variable

What PenFed Credit Union publishes: "Rates as low as 7.000% APR. The APR for a Fixed Rate Advance shall not exceed 18% and shall be equal to or greater than 7.000% for primary residences and second homes. Prime Rate is 7.000% as of September 21, 2026."

Variable rate = Prime plus a margin (margin not disclosed); advertised floor 6.75% tracks the Prime Rate quoted on the page. 18% is the stated cap for fixed-rate advances. The Prime Rate date printed on the page (December 12, 2025) is older than today's fetch, so verify the live rate before publishing.

The rate you are offered is set by PenFed Credit Union after you apply on its site. It depends on your credit history, income, loan amount and term, and may be higher than the lowest rate shown here.

Loan amount and term

Loan amount	$25,000 to $500,000
Term	up to 360 months
Rate type	variable
Funding speed	See lender

Fees

Origination fee	PenFed pays most closing costs (credit report, flood cert, settlement, recording, property search); member pays appraisal ($550-$850 average) and state/local taxes in FL, LA, MD, MN, NY, TN, VA
Prepayment penalty	Not stated
Late fee	Not stated

Eligibility

Minimum credit score	Not disclosed
States	all (special terms in Texas: $4, 000 minimum draw, 80% CLTV owner-occupied; member pays state/local taxes in FL, LA, MD, MN, NY, TN, VA)
Membership	Required, see the lender's eligibility rules

Highlights

Origination fee PenFed pays most closing costs (credit report, flood cert, settlement, recording, property search); member pays appraisal ($550-$850 average) and state/local taxes in FL, LA, MD, MN, NY, TN, VA
Borrow up to $500,000
Credit union membership required

About PenFed Credit Union

Legal name	Pentagon Federal Credit Union
Type	Credit union
Website	https://www.penfed.org

Other PenFed Credit Union offers on Banrox: PenFed Auto Loan (new, used, refinance, car buying service), PenFed Personal Loan.

Source and date

Rates as of	Oct 12, 2026
Lender rate page	Open
Lender disclosures	Open

Every number on this page is copied from PenFed Credit Union's public website on the date above. Banrox does not set, estimate or adjust lender rates.

Estimated payment

at 7% APR, the lowest published

/month

Loan amount and term

Apply

Apply on PenFed Credit Union's site

See the lender's rate page

Lowest APR, last 2 checks

Estimate only. Principal and interest at the lowest APR the lender publishes, excluding fees. Your actual rate, payment and eligibility are decided by the lender. This is not an offer or a commitment to lend.

Compare with

Third-party lenders

Loan offers are provided by third-party lenders. Banrox is a technology company and is not a lender. Banrox does not take loan applications, make credit decisions or fund loans.

Compensation

Banrox may receive compensation from some lenders when you click or apply through links on this page. Compensation does not affect the rates shown, which are taken from each lender's public website as of the date displayed.

Rates and estimates

Rates, amounts, terms and fees are shown as published on the lender's website on the date marked above and may change without notice. The payment estimate uses the lowest APR the lender publishes and excludes origination and other fees; the lender's own disclosure governs. Nothing on this page is an offer, a rate quote or a commitment to lend.

Before you rely on anything on this page

Banrox does not decide. Banrox Inc. is a technology company. It is not a bank, a lender, a loan broker, or a credit repair organization, and it does not approve, deny, price or underwrite any credit product. Every decision belongs to the bank, lender or issuer, under its own criteria and its own licences.

Nothing here is an offer. Rates, payments, limits and terms shown on this site are published information or arithmetic estimates. They are not quotes, not pre-approvals and not offers of credit. Your actual terms depend on the provider's review of your application. See where these numbers come from.

Equal Credit Opportunity Act. The federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning Banrox Inc. is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580. More on fair lending.

How Banrox is paid, and why payment cannot change the order of a comparison: Advertiser and Affiliate Disclosure. Full terms: Terms of Service.

Banrox Inc., 40 N Altadena Dr Ste 105, Pasadena, CA 91107. Every legal document is at Legal and Disclosure. To complain to a regulator instead of to us, the addresses are at Complaints and Regulator Contacts. You never have to come to us first.