Home-secured rates (cash-out, HELOC, home equity loan) are usually far below credit-card rates. Your rate depends on credit, LTV/CLTV, and the tool. Compare the blended savings, not just the rate.
Why the savings are large
Credit cards often carry very high rates; home-secured financing is dramatically lower because your home backs the loan. Rolling high-rate balances into a lower-rate loan can cut your total monthly payment substantially.
Fixed vs. variable
A home equity loan or cash-out gives a fixed rate; a HELOC is variable. For a payoff plan you want to finish predictably, fixed often fits best. We’ll match the structure to your goal.
Frequently asked questions
How much can I save?
It depends on your balances and rates, but replacing high-rate card debt with home-secured financing often cuts the payment significantly.
Fixed or variable for consolidation?
Fixed (home equity loan or cash-out) suits a defined payoff; a HELOC’s flexibility fits ongoing needs.
Does a lower rate guarantee savings?
Only if you don’t re-accumulate the debt. The rate helps; the habit change seals it.
Save Financial is a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766). Figures are illustrative for 2026 and not an offer of credit.