Wednesday, May 23, 2012

Does a 4.9% credit card loan beat a 9.2% home equity loan in terms of money savings and tax benefits?

February 9, 2010 by  
Filed under home equity loan rates

I want to take out a $10,000 loan and I want to see if the credit card deal is better for overall savings. It’s a lower rate than the home equity loan, but will the higher APR of the Home Equity loan paired with the tax breaks be better than a lower credit card(i.e. non-deductible [...]

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