I heard that taking out a Home Equity loans to pay off my private student loans is an option. They are several loans through Sallie May resulting in $79,000 including interest, but are not consolidated. What are your opinions?
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Should I Take Out A Home Equity Loan To Pay Off My Private Student Loans?
Sunday, May 24th, 2009What’s The Difference Between A Home Equity Loan And A Home Equity Line Of Credit?
Sunday, May 24th, 2009I have a mortgage of 200K.I have a first mortgage of 160K at a fixed rate of 5.785% over 30yrs. and the 2nd one’s 40K at 9.00% fixed.Now,the value of my place went up to about 350K in the last 4 years.Should I stay with my current plan or should I re-finance? And if I do,which way should I go? Home Equity loan or Home Equity line?
