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It’s possible that your many of your current loans and credit cards charge higher interest rates than our home equity loans. If your home’s market value is greater than your mortgage balance, consider consolidating all your debt into a single home equity loan or line of credit. That could save you a bundle in interest charges and reduce repayment terms by months or years. Just enter information about your current credit cards and loans, and this calculator will offer insight into whether your home can help rebuild your financial foundation.
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