How to Get Equity from Your Home
Watch more Home Finance 101 videos: http://www.howcast.com/videos/418268-How-to-Get-Equity-from-Your-Home If you have paid off a good portion of your ...
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Long-term payments: If you use a long-term home equity loan for a short-term expense, even with a lower APR, you could pay more interest over time than if you had used a different form of financing. Home equity loans are commonly available for up to 30 years, while personal loans typically have a maximum repayment period of seven years.
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