Searches are limited to 75 characters. Mon-Fri 8 a. Learn more about home equity Home equity calculator How to calculate home equity and LTV Benefits of using home equity. Here's what the terms mean and the differences between a home equity line and loan that can help you figure out whether they're the right fit for you. You borrow a specific amount, which is provided as a one-time cash payout at closing, and then you make regular payments during a fixed repayment period.
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Read MoreHome equity calculator. How can I figure out if I can afford to buy a home and take out a mortgage? See how to get cash back when refinancing your home. All rights reserved. Smart ways to use home equity.