Replying to Avatar Keith Mukai

First roof repair (er, total replacement) estimates are in: $14k. 👀😭💸 Fucking fucking hell.

Question:

HELOC (variable) > home equity loan (fixed)?

My thinking:

* Rates will have to go back down over time.

* Given my conviction, it's better to spend my fiat stacking sats now than paying off this expense up front and having fewer sats later.
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sudocarlos 2y ago

i think you can refinance a home equity loan so the variable rate, which *might* go down over time, of the helocv isn't necessarily an advantage

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