HELOC vs. FixLine: Side-by-Side Comparison

Feature

Loan Type
Interest Rate
Access to Funds
Payment Type (Initially)
Repayment Period
Best For
Risk

HELOC

Revolving line of credit
Variable (may change over time)
As-needed during draw period
Often interest-only
10–20 years (after draw period)
Ongoing or unpredictable expenses
Home is collateral

FixLine (Home Equity Loan)

Lump-sum installment loan
Fixed
All funds disbursed upfront
Full principal + interest
Fixed term (5–30 years)
One-time, known expenses
Home is collateral

What’s the main difference between HELOC and FixLine?

HELOC offers a variable-rate line of credit with interest-only payments. FixLine lets you lock in a fixed rate and monthly payment on what you borrow.

Can I switch between them?

They’re separate products, but both let you tap into your home equity with different benefits. Some lenders allow HELOC draws to be converted to fixed segments — that’s how FixLine works.

Not Sure Which One’s Right for You?


We’ll help you compare your options and choose the best fit based on your needs and goals.

home

Are you buying or selling a home?

Buying
Selling
Both
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When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
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Are you pre-approved for a mortgage?

Yes
No
Using Cash
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Would you like to schedule a consultation now?

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No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

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When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

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My Home Value

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