A home equity loan or home equity line of credit (HELOC) allow you to borrow against your ownership stake in your home. The interest rates are competitive with other types of loans, and the terms are often flexible. These calculators will help you answer the following questions:
Should you borrow against your home's equity?
If so, which type of loan should you get?
How much will you be able to borrow?
Would it be a good idea to pay off other debt using your home's equity?