If you would like to model a HELOC to take advantage of low-interest rates, follow the steps below:

  1. Go to My Plan > Debts

  2. Create a new account (probably titled "HELOC")

  3. Set the Amount to the line of credit amount in full

  4. Set an appropriate interest rate and the monthly payment (this is where this workaround doesn't perfectly model a HELOC)

  1. Now, go to My Plan > Savings and Assets

  2. In the "Do you have other savings?" section, create a new account (probably titled "HELOC")

  3. Set the Amount to the line of credit amount in full (this should be the same amount as in step 3 unless you've already borrowed against your line of credit. In your case, deduct the amount already borrowed from the total line of credit for this entry)

  4. Set the rates of return to the interest rate of your loan. This helps model the fact that you aren't charged interest on a HELOC until you start borrowing, and only on the amount borrowed.

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