Using Your Home’s Equity
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Your home is likely your largest single asset. It can also be one of your most powerful financial tools because your home equity gives you access to a wider variety of borrowing options.
Loans and other forms of unsecured credit may always be an option, but using your home equity has unique advantages available to homeowners.
The advantages of a Home Equity Line of Credit
If you want access to ongoing credit and the ability to withdraw funds when you need it, a Home Equity Line of Credit may be right for you.1
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|Interest rate options||
Balance On Variable Rate Portion: As a result, your minimum monthly payments are composed of interest only on the variable rate portion balance of $5,000 and principal + interest payments on the fixed rate portion balance of $25,000.
Branch: Visit your local TD Canada Trust branch