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A HELOC can be better if your existing mortgage is to repay anything if you rate that you can manage.
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A HELOC can be better if your existing mortgage is to repay anything if you rate that you can manage.
We've simplified this journey into six steps below. You can also use our convenient financial calculators to quickly assess what you can afford. Instead, you should focus on the annual percentage rate APR as that is the true cost of what you are paying back.