Updated about 2 years ago on . Most recent reply

Heloc payments ,jut got it
I just got my heloc setup and probably going to brrrr some cheap houses but just wondering how to calculate the payments for the heloc with a 7.49 rate, i took out 20k and my monthly payments would be 300 a month is that right, they said something about 1.5 percent of outstanding balance is adding or something