A HELOC can be one of the most useful and versatile loans available. It's an option available to those that own a home and need some cash.
A HELOC utilizes the equity built-up in the home to get the money you need right now. A HELOC calculator can help you understand your options better.
This article will explain the basic details about the HELOC calculator and how it can help you get a better grasp of whether a home equity line of credit is right for you.