Learn how a home equity loan works, how to compare it with a HELOC, and what factors affect the interest rate and tax deduction. Find out the pros and cons of this type of consumer debt and use the calculator to estimate your monthly payments.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. Learn how to turn your home equity into cash with a low, fixed rate and no closing costs.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. Learn how to turn your home equity into cash with a low, fixed rate and no closing costs.

Learn how a home equity loan works, how to compare it with a HELOC, and what factors affect the interest rate and tax deduction. Find out the pros and cons of this type of consumer debt and use the calculator to estimate your monthly payments.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. Learn how to turn your home equity into cash with a low, fixed rate and no closing costs.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. Learn how to turn your home equity into cash with a low, fixed rate and no closing costs.

Learn how a home equity loan works, how to compare it with a HELOC, and what factors affect the interest rate and tax deduction. Find out the pros and cons of this type of consumer debt and use the calculator to estimate your monthly payments.

Each loan option is made up of 3 elements: 1. Loan Term. This represents how long you have to repay your loan. The most common loan terms are 30 years and 15 years, but there may be other durations depending on your loan type and other factors.

A home equity loan lets you borrow money using your home as collateral and repay it with fixed-rate interest over a term. Learn what a home equity loan is, how it works and how to compare rates and lenders.

How much will my mortgage payment be? What would it take to pay off my loan early? Can I afford to buy? How much could I borrow? How much house can I really afford? Please note that all Mr. Cooper calculators are for informational purposes only.