A fixed rate can protect you when general interest rates are rising. However, with some fixed-rate HELOCs, you can end up paying a higher rate than necessary if rates fall.

So, how much does a $60,000 HELOC cost monthly in the interest rate climate of 2025? Below, we'll do the calculations. The average HELOC interest rate is just 8.06% as of March 7, making it more ...