HELOC: What is it? How does it work? (Interest calculation example using my real rates)

I breakdown what a Home Equity Line of Credit (HELOC) is, and how they typically calculate the interest. This is critical to understand if you want to implement the mortgage acceleration techniques. Trust me, it’s not as scary as it sounds like!

READ THIS BOOK. This is what actually got me off my butt to start down the path of owning my home faster by using a HELOC.
Own Your Home Years Sooner & Retire Debt FREE! https://amzn.to/3brViV8

Everything else on https://nexgenhab.com

#HELOC #MortgageAcceleration #FIRE

Music by Gil Wanders - Dreams - https://thmatc.co/?l=2B7B1C1F

If you find my videos useful, please consider buying me a coffee! https://www.buymeacoffee.com/kenta

Note: nexgenhab.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for website owners to earn advertising fees by advertising and linking to amazon.com and any other that may be affiliated with Amazon Service LLC Associates Program. Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates.

Видео HELOC: What is it? How does it work? (Interest calculation example using my real rates) канала Kenta Honjo