$25,000 home equity loans and HELOCs
A $25,000 home equity loan or HELOC can help with a roof replacement, a bathroom remodel or paying off a few higher-cost balances. It's secured by your home, which could be at risk if you don't make the payments. Here's what to expect and how checking your options with Lendara works.
What to expect when borrowing $25,000 against your home
- At $25,000, a personal loan may also be an option, and it isn't secured by your home. Compare the total cost and the risk of each before you choose.
- Some lenders set a minimum home equity loan or HELOC size, and closing costs or fees take a bigger share of a smaller amount. Check what you'd actually receive.
- Home equity loans are usually repaid in fixed monthly payments over a set term. A HELOC lets you draw what you need, which can suit a project paid in stages.
- How much you can borrow depends on your home's value, your existing mortgage balance and each partner's own criteria, which usually include your credit history and income.
- A home equity loan or HELOC is secured by your home. If you don't make the payments, you could lose your home, so make sure the payment fits your budget before you apply.
Estimate a home equity loan payment
Enter an amount, a term and an APR to see an illustrative fixed monthly payment and total interest.
Estimates only, based on the numbers you enter. Not an offer of credit. Lendara is not a lender.
How checking your options works
When you check your options for $25,000 in home equity through Lendara, you answer a few questions about your home, your current mortgage, your income and the amount you want.
If participating lenders have options for you, you can compare them side by side: APR, fees, closing costs, whether the rate is fixed or variable, and the term. Nothing is accepted until you choose an offer.
If you decide to apply, the lender reviews your application, may check your credit and may require an appraisal of your home, and decides whether to approve you and on what terms. Lendara doesn't make that decision.
Frequently asked questions
Is a $25,000 home equity loan better than a personal loan?
It depends. A home equity loan is secured by your home, so you could lose your home if you don't repay; a personal loan usually isn't. Compare the APR, fees and total cost of each, and the risk you're comfortable with.
How much equity do I need to borrow $25,000?
There's no single answer. Each lender looks at your home's value, what you still owe on your mortgage and its own limits, along with your credit history and income.
Does Lendara lend $25,000 against my home?
No. Lendara is a free marketplace that connects you with participating lenders. Each lender sets its own loan sizes, terms and eligibility rules.
Related guides
- HELOC vs. Personal Loan for a Home Project
How a HELOC and a personal loan compare for paying for a renovation or repair: collateral, rate type, fees, timing and what to weigh before you borrow.
- How Much Can You Borrow Against Your Home?
How lenders estimate your usable home equity, what combined loan-to-value means, and what else shapes how much you may be able to borrow with a home equity loan or HELOC.
- Home Equity Loan vs. HELOC: What to Compare
How a home equity loan differs from a HELOC, what it means that your home secures the debt, and the details worth comparing before you borrow against your equity.
Lendara is not a lender and does not make credit decisions. Lendara is a free online marketplace that connects you with participating lenders, who set their own eligibility rules, rates, fees and terms. Lendara may receive compensation from partners, which may affect which offers appear and their order. Lendara is a marketplace, not a lender, and does not make credit decisions. Home equity loans and HELOCs are secured by your home, and you could lose your home if you do not repay. Rates and terms vary by lender and are determined by the lender; HELOC rates may be variable. Applying with a lender may result in a hard inquiry and may require an appraisal. We do not guarantee approval, rates or savings.