Use Home Equity for a Major Purchase

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Home Equity Loan

Loan Amount
Monthly Payment

Seller Financing

Loan Amount
Monthly Payment

When making a major purchase, using a home equity loan or line of credit is an alternative to financing offers often provided by a seller or manufacturer. In such cases, buyers often have the option of taking the seller-provided financing offer or a rebate on their purchase. Taking the rebate and using the equity in your home may provide a better alternative to the seller financing.

Results of the calculators are not a guarantee of credit. Examples are hypothetical and for illustrative purposes only.