Apply for a Loan
Home Equity Loan or Line of Credit
Find out which loan option works best for your situation.
A flexible line of credit or a lump-sum loan?
A lot depends on how and when you plan to use the money. The line of credit offers more flexibility so you can access funds as you need them while the loan provides a lump sum. Before accessing your home's equity, get an idea of which product suits you.
Results from this calculation are hypothetical and are for illustrative purposes only. Calculators should be used as a self-help tool only and do not consider the impact of fees that may apply. Results may not be applicable to your individual situation and do not constitute an offer. We encourage you to seek advice and guidance from a qualified professional regarding all personal finance issues. Actual terms may differ.
Resources to move you ahead.
Make sure you get the most out of your money.
Understand the home loan process.