Key takeawaysA home equity loan allows you to access the ownership stake you've built in your home to accomplish your ...

Discover the benefits and risks of using a home equity loan to pay off your mortgage. Explore strategies to lower payments and manage potential pitfalls.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. If you're looking to pay the smallest monthly payment possible, then a ...

Home equity loan rates and terms vary enough to make a difference of thousands of dollars over the life of your loan. Both your qualifications and the terms of the loan determine the interest rate and ...

Mortgages and home equity loans offer financing options for homeowners to buy a home or borrow cash from its equity. Your home secures each loan type. These loans typically have a fixed interest rate ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But how much does a $60,000 home equity loan cost monthly now, in the ...

Sara is an experienced writer, editor, and project manager who specializes in personal finance, news, and lifestyle content. A journalist with more than two decades of experience, Sara has served as ...

NerdWallet's mortgage content, including articles, reviews and recommendations, is produced by a team of writers and editors who specialize in home lending. Their work has appeared in The Associated ...

Personal loans and home equity loans are popular ways to fund home improvement projects, debt consolidation and other large fixed expenses. Generally, home equity loans are larger and come with lower ...