Home equity loan closing costs usually range from 2% to 5% of the loan amount. For example, if you take out a $50,000 home equity loan, you could pay between $1,000 and $2,500.

Your loan costs will be identical with lenders 1 and 2, but you will receive less money to use with Lender 2. Based on the available information, Lender 1 is clearly the better option of the two ...

Origination fees are a common cost when borrowing a personal loan. Expect to pay anywhere from 1% to 10% of the total loan amount, though the exact fee varies. Deducting an origination fee from ...

Previously, loans of $500,000 or less did not have an annual service fee, while loans $500,000 to $1 million had a service fee of 0.17%. Only loans more than $1 million had a 0.55% service fee.

For example, Lender A offers a no-fee 10-year student loan for $20,000 at 5%. Lender B offers a $20,000 loan at 4.5% but charges a 5% origination fee. Which is cheaper?

Closing costs for a home equity loan are about 2% to 5% of the total loan amount. So if you're taking a loan on your home equity for $50,000, you can expect to pay between $1,000 to $2,500.

Right now, the average personal loan interest rate is 12.65%, according to Bankrate. But that's just the interest rate -- the total cost of a loan is a different story. Hidden fees can quietly add ...

There are also closing costs and fees. According to Rocket Mortgage, closing costs on a typical home equity loan are between 2% and 6% of the total loan amount.

On a hypothetical $300,000 loan, that's a difference of $3,750 in closing costs. On the other end, if you have a credit score of 740 or higher, you would have paid a 0.25% fee on a loan for 75% of ...