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The basics of home equity loans, HELOCs and other alternatives – How to calculate your home’s equity Home equity is the difference between your home’s current market value and your mortgage balance. You can choose one of two loan options: interest-only payments,
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Mortgage APR Calculator – Loan APR Calculator – The annual percentage rate (APR) on a mortgage is a better indication of the true cost of a home loan than the mortgage interest rate by itself.
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