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Thoughts on Pay Down HELOC
Thoughts on Pay Down HELOC First-time homeowner and made the mistake of not understanding fully how a HELOC works and the variable interest. HELOC was low for many years and payments were manageable but interest has jumped to 10.25% in the last few years. This year, we have managed to make the required monthly payment and are throwing an additional $1K at it monthly. The ...
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