Go Back To Search Results Question what do I need to know about home equity loans when appling to makd good choice or should I get just a loan? cant decide if I want private loan home equity or 2 moragage dont know which way is best By lu lu Posted on 03/25/06 Total Answers 2 Answers- It's not easy, and without more information I cannot give you direct advice. But visit the mortgage Professor - you'll find a link to his website on mine. See source pages below. Good luck! Answer by : SimpleMoneyGuy On Date 2006-03-25 14:23:45 Hi, Looks like you need some good advice from your friendly credit union or banker. In the meantime, I thought the following may be helpful. The first link is an article about when it makes sense to refinance. The second link is a calculator that will help you determine the break-even point of refinancing. http://www.fuzeqna.com/wrightpatt/consumer/kbdetail.asp?kbid=2916 http://www.fuzeqna.com/wrightpatt/consumer/kbdetail.asp?kbid=3017 Good luck! Answer by : intensefirejr On Date 2006-03-27 07:16:12   Go Back To Search Results