Consolidating debt home equity theastrologydating com

As with any mortgage, if the loan is not paid off, the home could be sold to satisfy the remaining debt.

You may want to consolidate debt in order to: Using your equity to pay down debt can eliminate stress and worry and put you on a solid path to financial freedom on your own terms.

The average credit card interest rate is around 15%.

By comparison, mortgage rates are currently in the 3–4% range.

Many homeowners take cash out to pay off high-interest debt or make home improvements.

Use our refinance calculator to see if you have enough equity to reach your financial goal.

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