RBC Bank's (USA) Home Equity Line of Credit is a revolving line of credit with a variable interest rate and flexible monthly payments and access to funds repaid. Customers can access funds - write checks and transfer between accounts using Online Banking. Loan amount is $3,000 minimum (maximum loan-to-values vary by credit score, property and other factors). Payments are flexible monthly payments from as little as interest only with no principal repaid to the full amount owed. This account earns a variable rate based on prime. Margin to Prime can be Prime plus or minus depending on credit score and loan to value and other factors. Interest rate discounts are available for automatic payments from RBC checking accounts.