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Tapioca · 01-13-2022, 02:48 PM

By rolling your HELOC debt into your fixed mortgage when you refinance/renew, you are amortizing that debt over a longer term. The banks win both ways - either through higher interest on the HELOC side or through a longer amortization for that debt.

01-13-2022, 02:48 PM	#20114
Tapioca OMGWTFBBQ is a common word I say everyday Join Date: Apr 2001 Posts: 5,199 Thanked 2,791 Times in 1,245 Posts Failed 81 Times in 54 Posts	By rolling your HELOC debt into your fixed mortgage when you refinance/renew, you are amortizing that debt over a longer term. The banks win both ways - either through higher interest on the HELOC side or through a longer amortization for that debt.