Cool How Much Fees And Interest Is Home Equity Loan References. Home equity loan closing costs and fees. Right now, borrowers with good credit and sufficient equity can secure home equity loans with interest rates as low as 4% to 5%, according to bankrate.

To find out how much equity you have, first, get the most recent appraised value; This is the fee the lender charges to initiate the loan process. Fees may vary between home equity lines of credit.