Home Equity Spring Special - Closing costs waived if you apply between February 1 – 29, 2020. Closing costs are $350 in Iowa/$450 in Illinois, unless full appraisal needed (appraisal estimate $480). Example Payment: For a $20,000 loan for a term of 60 months with a 3.99% APR the monthly payment will be $368.20. Payment does not include taxes or insurance premiums. Limited time offer. No internal refinances. Loan approval is subject to credit qualification and Loan-to-Value (LTV) ratio. Proof of homeowner insurance required.