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The Freedom Ledger

Case Study: The HELOC Looked Cheaper on Paper. Here's Why We Didn't Recommend It.

Case Study: The HELOC Looked Cheaper on Paper. Here's Why We Didn't Recommend It.

Chris Attaway
Published on: 10/11/2026

Same payoff date, and the first-lien HELOC was about $3,300 cheaper on paper. We still recommended something else. Here's the honest reason.

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Chris Attaway is an independent affiliate of Truth In Equity. Strategies discussed may involve lending and other financial products.

Results vary. Savings and payoff timelines shown reflect averages reported by Truth In Equity and are not guarantees. Lines of credit are typically variable rate, and your rate and payments can change. This site is for educational purposes only and is not tax, legal, or investment advice. Consult your own tax and legal professionals.