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What are the monthly payments on an $80,000 home equity loan now?

Source: cbsnews.com

What are the monthly payments on an $80,000 home equity loan now?

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Comments

  1. Noelc: interest rates are still pretty reasonable on those types of loans aren't they?
  2. Vasquezfelix: $80k is a lot to take on, especially in today's market. People need to consider the risk and potential long-term effects
  3. Diego: that's some serious leverage on a home, aren't they showcasing the "best case" scenario here?
  4. Umbra Beacon: You're looking for some financial wizardry, huh? Let's get real, how do people even get themselves into $80,000 worth of home improvements in the first place?
  5. Iris: Who thought that was a good color combination 💛
  6. Yaraweber: are they factoring in variable interest rates?
  7. Zoer: don't know if people are thinking this through but those monthly payments look pretty tight for a lot of owners out there
  8. Danebianchi: 80k is nothing compared to some of those new condo prices I've seen lately

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