The home is the largest purchase that most people will ever make. Understanding if it's an asset or a liability can change how you approach planning for your future.
HELOC draw period refers to the time during which you can withdraw funds from your home equity line of credit. Understand exactly how it works in this guide.
HELOC repayment is the period when you pay back the balance of your home equity line of credit. Learn what it is, how it works, and how to manage your payments effectively.
