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2. Personal loan vs. home equity loan: Which should you use for ...

   www.aol.com/finance/personal-loan-vs-home-equity...

   Typical features. Personal loan. Home equity loan. Rates. 8% to 36%. Varies based on the prime rate. Loan amounts. $2,000 to $50,000. Up to 85% of your home’s value

3. Home equity loan vs. HELOC: Which is best for borrowing ...

   www.aol.com/finance/home-equity-loan-vs-heloc...

   This type of secured loan replaces your current mortgage with a new, bigger loan with new terms and a new mortgage rate. You’ll pocket the difference between the two loans as cash, repaying the ...

4. Home equity loan or HELOC vs. cash-out mortgage refinance - AOL

   www.aol.com/finance/home-equity-loan-heloc-vs...

   The most popular fall into two categories: home-secured loans, including a lump-sum home equity loan or a home equity line of credit (HELOC), and a type of mortgage called a cash-out refinance.

5. How to calculate loan payments and costs - AOL

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

   If you need to take out a home equity loan, use a home equity loan calculator to see how much your payment would be on the 10-, 15- or even 30-year terms most home equity loan lenders offer.

6. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   For example, for a home loan of $200,000 with a fixed yearly interest rate of 6.5% for 30 years, the principal is =, the monthly interest rate is = /, the number of monthly payments is = =, the fixed monthly payment equals $1,264.14.

7. 4 ways to get equity out of your home — and what to know ...

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

   A home equity loan — sometimes called a second mortgage — is a fixed-rate loan that allows you to use your home’s equity as collateral. You receive the loan money as one lump sum and pay it ...

8. Home equity loan - Wikipedia

   en.wikipedia.org/wiki/Home_equity_loan

   Home equity loans and lines of credit are usually, but not always, for a shorter term than first mortgages. Home equity loan can be used as a person's main mortgage in place of a traditional mortgage. However, one cannot purchase a home using a home equity loan, one can only use a home equity loan to refinance. In the United States until ...

9. Personal loans vs. home equity loans: Which is right for you?

   www.aol.com/finance/personal-loans-vs-home...

   High interest rates: Interest rates for personal loans are typically lower than credit cards, but higher than home equity loans. Lower funding amounts: Personal loans are generally capped at $100,000.