![Young man and young woman in living room completing the steps in the home equity loan application process](/content/experience-fragments/dfs/dfs-home-loans/steps-in-the-application-process/heroimage-steps-in-the-application-process-01/master/_jcr_content/root/image.coreimg.90.940.jpeg/1614199922364/shot-of-a-young-couple-planning-their-budget-together-at-home.jpeg)
The home equity loan process
Learn what to expect during the home equity loan application process with Discover® Home Loans.
The home equity loan process
Learn what to expect during the home equity loan application process with Discover® Home Loans.
For example, if you borrowed $60,000 for a 20 year term at 8.86% APR, your fixed monthly payments would be $534.45.