Home Equity

Home Equity

How to find how much equity in home
Home Equity

Feb 25, 2025

3 min

How to Find Out How Much Equity You Have in Your Home

In this article, we'll explore what home equity is, how to calculate it, and why it's important for homeowners to stay informed about this aspect of their property....
Man refinancing a home equity loan. Calculator and model home on table.
Home Equity

Feb 24, 2025

4 min

Can You Refinance a Home Equity Loan?

Refinancing a home equity loan means replacing your existing home equity loan with a new one, often with different terms....
Home equity line of credit HELOC is shown as the business and financial concept
Home Equity

Feb 24, 2025

4 min

What is a Home Equity Line of Credit?

Unlike a traditional home equity loan that gives you a lump sum upfront, a HELOC operates more like a credit card, providing a revolving line of credit that you can draw from as needed....
Pensive black couple in casual wear on yellow backdrop
Home Equity

Feb 12, 2025

4 min

Who Should Consider a Home Equity Agreement?

Who exactly should consider entering into a Home Equity Agreement? This guide covers: What HEAs are, how they work, and the type of homeowner who might benefit most from this financial tool....
couple at table looking at home equity options for their financial needs
Financial Education, Home Equity

Feb 12, 2025

4 min

Combining Home Equity Agreements with Other Financial Products

Home Equity loan options, when wisely paired with other financial solutions, can create a robust financial strategy that supports long-term goals and immediate needs....
HEA pros and cons
Home Equity

Jan 31, 2025

4 min

Home Equity Agreements: Pros and Cons

This article will explore the pros and cons of home equity agreements to help homeowners make informed decisions....
Man researching HEA requirements from tablet
Home Equity

Jan 31, 2025

4 min

Do Home Equity Agreements Require Debt-to-Income (DTI) Ratios? 

This article looks into whether DTI ratios are a requirement for HEAs, providing a comprehensive understanding of how these agreements work and their implications for homeowners....
Hand with wooden house figurine and question mark above
Home Equity

Jan 22, 2025

4 min

Can I Pay Off a Home Equity Agreement Early?

Can you pay off a home equity agreement before its term ends? Let's dive into the details....
Best uses for a heloc
Home Equity

Jan 21, 2025

7 min

What Are the Best Uses for a Home Equity Line of Credit (HELOC)?

Understanding how to use a HELOC effectively can help homeowners make informed decisions about their finances. Here, we explore some of the best uses for a HELOC....
Woman signing a home equity contract
Home Equity

Jan 20, 2025

5 min

Leveraging Home Equity: Loan or Line of Credit?

Both options allow you to borrow against the value of your home beyond what you owe on your mortgage, but they serve different financial needs and come with distinct features and considerations....
Man contemplating home equity options
Home Equity

Jan 3, 2025

5 min

Home Equity Agreements vs HELOCs

Home Equity Agreements (HEAs) and Home Equity Lines of Credit (HELOCs). While both allow homeowners to access their home's value, they function quite differently and serve distinct purposes....
Couple with keys to their first home after debt settlement
Home Equity

Aug 13, 2024

6 min

How Long After Debt Settlement Can I Buy a Home?

Explore the timeline for purchasing a home after debt settlement, factors that influence this timeline, and strategies to improve your chances of mortgage approval....

The numbers we provide here are estimates based on some assumptions:

On your own:

Based on industry averages, we estimate a monthly compounding interest rate of 22.99% and that you are making a minimum payment that is 2.5% of your total debt.

JGW:

The length of your program is determined by your debt amount. Programs are between 24 and 60 months in length and average program length is around 42 months.

Savings amount is an estimate base on average customer savings on their monthly payment. Real results will vary and some customers will save more, less or not at all.

Disclaimer: The calculator on this web site is for estimation and educational purposes only. JG Wentworth makes no guarantees regarding its accuracy and specifically disclaims any and all liability arising from the use of this or any other calculator on this web site. Use at your own risk and verify all results with an appropriate financial professional before taking action. We are not registered investment advisers, attorneys, CPA’s or other financial service professionals and do not render legal, tax, accounting, investment advice or other professional services.

Your entered value is significantly different from our estimate. You can adjust it for accuracy, or continue as is.

FYI, this option
requires collateral

This could include items you own such as
Your vehicle
Housing fixtures
Using collateral can boost your approval chances and/or ability to secure a lower APR. Would you like to continue?