No. of Recommendations: 0
True to the original documents, my HELOC raised my rate to 4.25% this month, an increase of about $10/mo in interest. No big deal, I only put about $3k on it during FUL&trade to cover property tax and re-employment training. Now that the Fuskie Refi is done (Rate has dropped to 5.25% from 5.375%), my plan was to set aside $2k for property tax in October and begin paying down the HELOC $400/mo. I do not clear much in Fuskie's Re-employed life having taken a significant cut in compensation, but I do not think this progressive increase (tied to prime) will be a substantial drain.

Who wants to roll over his 401k too, but thinks this is a bad time to cash out of funds and roll over...
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