financialHome Equity
#RI-69a90d33
about 2 months ago
1
"Decide between Home Equity Line and Refinance with Cash"
What Actually Happened
If I refinance, I'll get a lower interest rate and $70k in cash, but may not be able to find a new job before my wife's severance runs out.
What I wish I knew
"How long it'll take to find a new job with a similar pay range"
Advice to Someone Facing This Now
If I could tell you one thing
"Consider your employment situation and emergency fund before taking out a Home Equity Line or refinancing for cash"
Regret Score
6/10
Significant downsides.
Complicated feelings about the outcome.
Complicated feelings about the outcome.
financial Category Average
?%
of financial decisions share a similar regret distribution. (Coming soon)
Impact
-
Financial and Psychosocial impact distributions for this subset.
Advice for Someone Facing This
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