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Refinancing a Home Equity Line of Credit (HELOC)
By JLP | May 1, 2006
Lisa over at Contentment is Wealth is debating whether or not to refinance her home equity line of credit (HELOC), which is an adjustable rate loan. She has done a great job breaking down the different consequences of possible choices. However, after it is all said and done, it looks like staying where she is at is the best choice. The main thing is she has a plan!
Topics: Credit | 2 Comments »
May 1st, 2006 at 7:28 pm
Thanks for the mention, JLP! It was interesting running the numbers…I thought it would be a closer race between the alternatives, but it wasn’t.
March 17th, 2008 at 12:51 am
Lisa has done a good thing. It’s always easy to follow breakdown.
Steve
http://www.perfectmortgagelender.com/