HELOC-fixed rate good deal or not?

[Lana Lee]

Never done heloc before. Do you guys think it's a good deal or not so?

HELOC Fixed Rate (3-year Draw Period, 10-year Amortization)

80% LTV - 3.99% APR

taking out 60K

[Sam Shueh]

My HELOC was 3% for 10 years interest only. Now 11th year into this loan taking out as ARM 4%+ amortized. Manage to pay off extra each month with 45% original loan left. I expect that to be an expensive loan later when they raise interest..... Yours sounds like a better deal.