Home Equity Loan

A home equity loan is a type of loan in which the borrower uses the equity in their home as collateral.
Home equity loans are often used to finance major expenses such as home repairs and improvements, medical bills or college education.

 Apply for a Home Equity Loan online or by visiting one of our branches and speaking to one of our mortgage specialists.


  • Attractive interest rate
  • Finance major expenses
  • Aruba Bank Online® Access
  • Attractive interest rate and term up to 7 years
  • Consolidate other loans
  • Fresh funds for home improvement
  • To pay for your children’s education or yours


 How is repayment calculated?

Monthly repayments are calculated based on two values: Repayment on principle and on interest. Your repayments will cover the interest and a small amount of the  principle at the beginning and by the time the loan gets smaller your repayment will cover higher amounts the principle and a small amount of interest.


  • Must be above the official legal age of 21
  • Must have a stable income
  • Must be an Aruban citizen

Bring the following to your appointment:

  • A copy of a valid ID
  • Copies of your salary slips for the last two months
  • A reference letter from your employer
  • You work permit (Non-Dutch Citizens)
  • Proof of residency (Censo letter or the latest WEB, Elmar or Setar bill in your name)

* Please note that specific documents and conditions are applicable to open a non-resident account. Contact our Call Center at 527 7700 for more information.

Aruba Bank Mortgage Specialists are ready to assist you at all our branch locations!

During business hours: 

Aruba Bank Call Center: (+297) 527-7700

Useful Tips

Get our Aruba Bank App® and check your balance or make transfers on-the-go.

Do you have questions?

Contact our Contact Center during office hours and extended hours at (297)527 7777.

Contact us