Personal Finance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Does a HELOC required monthly payment apply without a balance?
Im considering getting a HELOC on my primary residence.
I owe $116,000 and my home is worth about $185,000. Im looking at about 40k on a HELOC and im wondering if I have too pay the monthly even if I havent used the HELOC. Anyone have any experience with this?