TEXAS HOME EQUITY COMPARISON CHART

All loans and lines of credit are subject to credit approval, verification, and collateral evaluation and are originated by Wachovia Mortgage, FSB, Wachovia Bank, National Association, Wachovia Financial Services, Inc., or where applicable Wachovia Bank of Delaware, National Association. Products are not available in all states and are subject to change without notice.

¹ For example, a $100,000 Adjustable Rate home equity loan with a term of 360 months and an initial fixed term of 3 years (other initial fixed terms are available) at an interest rate of 7.01% (7.11% APR) for 36 months would have a monthly payment of $672.66. Thereafter, the interest rate applicable to the remaining balance will be based on an index (the London InterBank Offered Rate as published in The Wall Street Journal, Eastern Edition) plus the margin stated in the Note and the monthly payment will change annually according to the terms of the Note. The interest rate cannot increase or decrease more than 2.00% annually at the end of the initial fixed-rate period or more than 6.00% over the life of the loan. (Different interest caps may apply depending on the initial fixed term chosen.) If the interest rate were to increase by 2.00% after the initial fixed term, your payment would increase from $672.66 to $813.43 at the beginning of the fourth year and could adjust every year thereafter. If the interest rate were to increase by the maximum of 6.00%, the monthly payment could rise to a maximum of $1,118.14. Other rates and terms available. Products not available in all states.

² While consolidation may decrease your overall monthly payment obligations, refinancing pre-existing debt with a home equity loan will require you to give Wachovia a security interest in your home and may increase the total number of monthly debt payments, as well as the aggregate amount paid by a borrower over the term of the loan.

³ You may convert all or a portion of your outstanding balance on your Prime Equity Line to a fixed Annual Percentage Rate (APR).

⁴ Consult your tax advisor to determine whether the interest you pay will be tax deductible.

⁵ Maximum loan amounts vary by state.

⁶ Purchase money Prime Equity Line of Credit only available as a second lien closed with a purchase money first lien.

⁷ You may choose to make interest-only payments during the 180 month draw period of your line. After that period ends, a 180 month post-draw repayment period begins and a minimum monthly principal and interest payment is required until the entire Outstanding Balance is paid in full.

⁸ For example, a $100,000 fixed-rate home equity loan with a term of 360 months, an interest-only period of 3 years (other periods are available), a first-payment due date 30 days after loan closing and an interest rate of 7.84% (7.94% APR) would have a monthly interest-only payments ranging from $607.42 to $672.51 (based on a 31 day month) for 36 months. At the beginning of the fourth year, the loan amortizes to a principal and interest payment of approximately $750.78. Other rates and terms available. Products not available in all states.

⁹ For example, a $100,000 adjustable-rate home equity loan with a term of 360 months, an interest-only period of 3 years (other periods are available), a first payment due date 30 days after loan closing and an interest rate of 7.21% (7.31% APR) would have a monthly interest-only payment range of $558.61 to $638.41 for 36 months. At the beginning of the fourth year, the interest rate applicable to the remaining balance will be based on an index (the London InterBank Offered Rate as published in The Wall Street Journal, Eastern Edition) plus the margin stated in the Note, and the monthly payment will change annually according to the terms of the Note. The interest rate cannot increase or decrease more than 2.00% annually at the end of the initial fixed-rate period or more than 6.00% over the life of the loan. (Different interest caps may apply depending on the initial fixed term chosen.) If the interest rate were to increase by 2.00% after the initial fixed term, your payment would increase from approximately $638.41 to $846.01 at the beginning of the fourth year and could adjust every year thereafter. If the interest rate were to increase by the maximum of 6.00%, the monthly payment could rise to a maximum of approximately $1,144.49. Other rates and terms available. Products not available in all states.

¹⁰ For example, repayment of a 15 year home equity loan would consist of 180 monthly payments of $9.98 per $1,000 borrowed at 8.67% APR. The APR is subject to change without notice and is not guaranteed until locked. The maximum loan amount for this rate is $49,999. The disclosed APR assumes that a 1% the origination fee is added to the loan amount. In certain states, if your property is a primary residence or second home and if you have an account relationship with Wachovia (qualifying Wachovia accounts include checking, savings, money market or Command Asset Program), then your APR would include a 0.50% rate reduction, with an additional 0.25% rate reduction to have an automatic payment draft on the new loan The auto draft reduction will terminate if you do not choose to use auto draft or if auto draft is ever cancelled. The minimum loan amount for this product is $10,000 and the maximum is $2,500,000. Other fixed and adjustable rates and terms available.





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