$25,000 home equity loan vs. $25,000 HELOC: Which will be cheaper this May?

Home equity loan borrowing costs should be calculated closely by owners before they apply for the funds. the_burtons/Getty Images Home equity levels in the country hit a record high in 2025 and, according to a March report, the average amount of borrowable equity is over $11 trillion right now. Against this backdrop, withdrawing a relatively small amount such as $25,000 should be relatively simple. Knowing which way to borrow that equity , however, can be less obvious. …