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Personal Finance (Not Investing) • Re: HELOC or savings for remodel, etc?

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I would use a HELOC for the house but not the car. If you really need a car you can use savings for it. I applied for a smaller HELOC considering my equity and plan to use as a backup for home repairs. I itemize my deductions anyway so can itemize the interest if used on house. The roof should be the priority. Kitchen and painting are cosmetic.

Statistics: Posted by gotoparks — Thu Jun 20, 2024 1:11 am



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