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Part III: Financing Your Home and Car > Considering Home Equity Loans

Chapter 9. Considering Home Equity Loans

IN THIS CHAPTER

What Is a Home Equity Loan?

How They Work

How Much Can I Borrow?

Home Equity Loan Cautions

Home Equity Calculations

Home equity loans—borrowing against the value of your home—have become an important financial strategy for many home owners. This chapter explains what home equity loans are and what’s involved, and helps you to decide if a home equity loan is right for you.


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