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

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

   How home prices affect your home equity. You can control one piece of the home equity calculation: your mortgage balance. As you make monthly payments, that balance goes down and your equity goes up.

3. 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 ...

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

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

   🏠 Home equity line of credit (HELOC) ... Lenders use your DTI to determine how likely you are to repay an additional debt, like a home equity loan. Typically, a DTI of 43% is the highest ...

5. Home equity: What is it and how can you use it? - AOL

   www.aol.com/finance/home-equity-121018740.html

   Home equity loans: A home equity loan is a second mortgage for a fixed amount at a fixed interest rate. The amount you can borrow is based on the equity in your home, and you can use the funds for ...

6. Home equity line of credit - Wikipedia

   en.wikipedia.org/wiki/Home_equity_line_of_credit

   A home equity line of credit, or HELOC (/ˈhiːˌlɒk/ HEE-lok), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower's property (akin to a second mortgage).

7. 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 ...