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Use this tool to see your maximum potential tax savings from a home equity loan or a home equity line of credit, assuming tax-deductible interest for both.
Other calculators you might be interested in...
Use this tool to compare monthly payments for an amortizing loan and interest-only payments on a line of credit.
Use this tool to find the number of months needed to repay a home equity line of credit within a desired timeframe - or how much debt you will have at the end of the period.
Use this tool to help you determine whether paying off your debt or investing the same amount would be a better financial decision.
More about mortgages
We are an active lender with competitive rates. Please see our current rates by clicking the link below.
We offer a selection of mortgages to meet different borrowing needs – fixed and adjustable rate mortgages with various options, structures and time frames.