Home › Forums › Housing › HELOC Frostbite — OUCH › BobS Uh, actually no,
BobS Uh, actually no, Radelow. I am paying the bank 6% to rent the money. I am investing it at 3%. My true cost is a net of 3%.
Get out a paper and pencil and do the numbers for $100,OOO for one year.
