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    • a brand new kitchen remodel
    • Paying off Your Home Equity Loan

      The length of time it will take to pay off a home equity loan or line of credit is largely driven by the interest rate being paid on your outstanding balance, how much you continue to use the line of credit and what monthly payment is made each month.

      Decreasing any additional spending and increasing monthly payments are an effective strategy for paying off the outstanding balance in a shorter time period. What will your payment strategy on your home equity loan or line of credit be?