Asked by Nelson  |  Submitted April 11, 2017

I am interested in taking equity out of my home to pay off some student loans. What's the best option for me?

I have a $68.000 debt mortgage at 4.25% APR, the property value is $225.000. I have a $38.000.00 student loan at 9%. I am 67 years old and working. Is an equity loan or refinance is the best deal?

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