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Here's how much a $40,000 home equity loan costs monthly now that the Fed cut interest rates
A $40,000 home equity loan could be an affordable way to borrow now that the Federal Reserve is cutting rates again.
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
To calculate your home's equity, subtract the balance on all debts secured by your home – including your primary mortgage and any secondary loans – from your property's current appraised value. The ...
Considering a $80,000 home equity loan now? Here's what it could cost monthly now that the Fed cut interest rates.
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