Should I use a home equity loan instead of a vehicle loan?
This tool helps you determine which loan saves you more by comparing the terms of a home equity and auto loan. The interest on most home equity loans can be deducted from your federal income taxes. This results in a lower effective interest rate. However, you still need to compare closing costs and the after-tax interest rates of the two loans to decide which loan is cheaper.
Estimate your FICO Score range
Answer 10 easy questions to get a free estimate of your FICO Score range
Instant Access to Your FICO® Score
90% of Top Lenders Use FICO® Scores. Do you know yours?Get Access Now!