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Home equity calculator

Home equity loan vs. line of credit?

Should you get a home equity loan or a home equity line of credit, known as a HELOC? With a home equity loan, you get a lump sum. A HELOC provides you a revolving credit line, much like a credit card.

This adviser program will help you determine whether a home equity loan or a HELOC is right for you.

Do you need to borrow money periodically to pay recurring expenses?


Compare Home Equity Rates



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Home Equity Averages
Product Rate +/- Last week
$30K HELOC
4.99% 5.00%
$30K home equity loan
6.17% 6.19%
$50K HELOC
4.56% 4.56%
$75K home equity loan
5.94% 5.97%
View rates in your area:
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