Home equity loan to payoff credit debt

[vaakel_saab]

Cc oka 70k unnay anni..monthly payments 1k avuthunnay..equity loan teeskoni patoff chesthe better aa..equity loam around 9% ki vastundhi.. equity loan tho risks emuntay

 

[vaakel_saab]

Ltt

[csrcsr]

On 2/3/2024 at 8:36 AM, vaakel_saab said:

Cc oka 70k unnay anni..monthly payments 1k avuthunnay..equity loan teeskoni patoff chesthe better aa..equity loam around 9% ki vastundhi.. equity loan tho risks emuntay

 

No risk but at least try to maintain zero on cc anna after taking 

Repu in case epdu aina refi chesinapudi or sell chesinapudu its obvious you have to consider both and now a days heloc are high too

[phatposts]

risk emi ledu. keep watching heloc rates as they are dynamic. 

[rmJU72]

do u have a stock portfolio then prefer margin loan at 6.75%. else go for heloc, low risk if ur still maintaining 20% equity in home.

[ElDiablo]

with 9% over 15/20 yrs , you'll end up paying an additional 100K in interest only.

[vaakel_saab]

Stock portfolio em ledhu.. equity or line of credit apr cc apr kante chala takkuva kadha ani thinking.

[vaakel_saab]

2 hours ago, phatposts said:

risk emi ledu. keep watching heloc rates as they are dynamic. 

Entha dynamic unna cc and personal loan kante takkuve untadhi kadha

[Pavanonline]

On 2/3/2024 at 10:36 AM, vaakel_saab said:

Cc oka 70k unnay anni..monthly payments 1k avuthunnay..equity loan teeskoni patoff chesthe better aa..equity loam around 9% ki vastundhi.. equity loan tho risks emuntay

 

Antha ela chesav Sami job loss aa

[AFC]

3 hours ago, csrcsr said:

No risk but at least try to maintain zero on cc anna after taking 

Repu in case epdu aina refi chesinapudi or sell chesinapudu its obvious you have to consider both and now a days heloc are high too

What is rafe anna?

[rmJU72]

38 minutes ago, vaakel_saab said:

Stock portfolio em ledhu.. equity or line of credit apr cc apr kante chala takkuva kadha ani thinking.

go for heloc and payoff asap