Home Equity Loan vs HELOC #infographic - Visualistan

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Home Equity Loan vs HELOC

HELOCs and home equity loans extract value from your home but add to your debt. The loan is a lump sum, the HELOC draws money as you need it.Selling your home for a profit can mean a substantial windfall. But in the meantime, while you’re living there, that gain is locked up, out of reach — unless you access the equity with a home equity loan or a home equity line of credit, known as a HELOC.
Home Equity Loan vs HELOC #infographic


infographic by: www.discover.com

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Home Equity Loan vs HELOC #infographic

Home Equity Loan vs HELOC

HELOCs and home equity loans extract value from your home but add to your debt. The loan is a lump sum, the HELOC draws money as you need it.Selling your home for a profit can mean a substantial windfall. But in the meantime, while you’re living there, that gain is locked up, out of reach — unless you access the equity with a home equity loan or a home equity line of credit, known as a HELOC.
Home Equity Loan vs HELOC #infographic


infographic by: www.discover.com

Share This Infographic On Your Site

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