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2. How to calculate your home equity — and how much of it you ...

   www.aol.com/finance/calculate-home-equity...

   In this case, your home equity would be $190,000 — a 46 percent stake. Step 4: Calculate how much you can borrow. You can’t borrow the full amount of your home equity. Many lenders allow you ...

3. How to calculate loan payments and costs - AOL

   www.aol.com/finance/calculate-loan-payments...

   Starting loan balance. Monthly payment. Paid toward principal. Paid toward interest. New loan balance. Month 1. $20,000. $387. $287. $100. $19,713. Month 2. $19,713. $387

4. Should you use a HELOC to pay off your mortgage? - AOL

   www.aol.com/finance/heloc-pay-off-mortgage...

   Alternatives to HELOCs to prepay or pay off a mortgage. If your goal is to repay your mortgage early, you’ll likely be better off making extra payments, if possible — especially in the current ...

5. What is a HELOC? - AOL

   www.aol.com/finance/heloc-home-equity-line...

   You’d need to pay $453 per month to reach that goal.If you want to explore a scenario of your own, use our HELOC payoff calculator. HELOC vs. other equity loan optionsThere are two main ...

6. 4 ways to get equity out of your home — and what to know ...

   www.aol.com/finance/how-to-get-equity-out-of...

   Your home equity offers a valuable way to pay off debts, renovate a home or cover emergencies through a home equity loan, HELOC and mortgage alternative. ... Use extra cash to pay down your principal.

7. Smart ways to use your home equity for remodeling - AOL

   www.aol.com/finance/smart-ways-home-equity...

   Structured payments: Home equity loans have scheduled payments that begin immediately, ... you can use a home equity calculator online to get a general idea. Mortgage For example, let’s say your ...