Decision tool
Cash-Out vs HELOC
Compare keeping your current mortgage with a HELOC against a full cash-out refinance.
Want to see how it works?
See a fictional homeowner compare accessing equity while keeping a first mortgage versus replacing it.
Loads fictional inputs and results. Your previous inputs can be restored while you stay on this page.
Enter your details and compare to see your estimated available equity and whether a HELOC or cash-out refinance may fit your goal.
Keep exploring
Continue your strategy — every step here leads somewhere useful.
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HELOC vs Cash-Out Refinance
A HELOC keeps your current first mortgage in place while adding flexible access to equity. A cash-out refinance replaces your mortgage with one new loan, which can fit larger needs or one fixed payment.
Smart Debt Consolidation Strategies
Debt consolidation with home equity may lower monthly payments, but it turns other debt into debt secured by your home. Compare a HELOC, cash-out refinance, and direct payoff before choosing.
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What Happens Next
A real advisor reviews your information — then guides you from here.
Technology prepares the conversation. People make the difference. Here is exactly what to expect after you share your goals.
- 01
Complete your personalized assessment.
Tell us about your goals, timeline, and the details that help us understand the decision in front of you.
- 02
A mortgage advisor personally reviews your information.
Our technology prepares the conversation. It never replaces it.
- 03
We reach out to answer questions and discuss your options.
You will not be handed off to a call center or left alone to interpret generic results.
- 04
Together we shape the strategy that fits your goals.
We will explain the trade-offs before recommending a loan path.
- 05
If you're ready, we guide you through to closing.
Move forward with clarity, confidence, and a real person beside you.
This is not a loan approval or commitment to lend. Final eligibility depends on full application, credit, income, assets, property, occupancy, lien position, and underwriting review.