咨询：line of credit （home equity）和mortage 的优劣比较

[LifeIsBeautiful]

Thanks a lot in advance.:blowzy:

 

[Timothy's]

Mortgage: The day you get the money, is the day to start to pay interest for whole thing. You have to take the money at once, no matter you use it now or use it few months later. You have to pay back every month. It is not flexible in the payment schedule. Good thing: variable mortgage has the lowest interest rate in all loans.
Home equity line of credit: You only pay interest for the money you spend, pay back money is flexible. The interests is little higher than mortgage.

Use line of credit as a backup for emergency use or purchase, as long as you know you will pay back in short period of time.

Use mortgage for house purchase or investment. The payment should be in your monthly budget

 

[挺傻]

如果你是想在这两个之间选一个的话，要看你需要借钱的数额，用途，你个人的收入状况还有你大约准备多长时间付清的安排。才可以比较这两个对你哪个更合适。
楼上对两者的区别已经说的很清晰了。