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Should I pay off my HELOC with Emergency Fund?
Should I pay off my HELOC with Emergency Fund? I think I know the answer, but I kind of wanted a second opinion. I have a HELOC (at 9%) with around ~$20k balance (I used it for a large home improvement project). The minimum payment right now is all interest, and it's about $160/month. I have an emergency fund with ~$22k (at 4.75%, in a HYSA). I have been putting just about everything at the...
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