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What is the average monthly payment for a home equity loan in 2010?

The average monthly payment for a home-equity loan of $30,000 is $215 per month. Because monthly payments have a tendency to scale directly with the loan total, you can use these figures to determine your approximate monthly payment. Multiply $215 by 30,000/your home equity loan total.

by Kathy Taylor on Sun, 01/17/2010 - 09:24

Cost and Price Reference Series

Find out the cost of many of life's important purchases here, in our cost and price reference series.

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