Repaying back home equity loan - best way?

04-14-2004, 01:23 AM

Assuming that you CAN make the payments, selling off investments earning
more than your after-tax cost of capital is not such a good idea.

squeaky88th wrote:
- quote -

> I used my home equity line of credit to buy a piano. I can sell all my
> stocks,
> mutual funds and index funds to pay it off. Should I pay it off all at
> once, or
> in installments? The line of credit rate is 5.25%. The reason I ask is
> that so
> far, my investments have been doing well and I'm hesitant to get out.
> Thanks in advance.

#-1 04-12-2004, 09:05 PM

I used my home equity line of credit to buy a piano. I can sell all my
stocks,
mutual funds and index funds to pay it off. Should I pay it off all at
once, or
in installments? The line of credit rate is 5.25%. The reason I ask is
that so
far, my investments have been doing well and I'm hesitant to get out.

Thanks in advance.

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