{
  "id": 5126997,
  "title": "How much will a $150,000 home equity loan cost monthly now?",
  "url": "https://urgent.news/2026/09/02/how-much-will-a-150-000-home-equity-loan-cost-monthly-now",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T16:41:37.000Z",
  "source": {
    "name": "CBS News",
    "slug": "cbs-news",
    "url": "https://www.cbsnews.com/news/how-much-will-150000-home-equity-loan-cost-monthly-september-2026/"
  },
  "original_language": "en",
  "account": "A $150,000 home equity loan can cost homeowners between $1,831 and $1,446 each month, depending on the loan term and current interest rates. According to Money.com, the average interest rate for a home equity loan is 8.14% as of September 2, 2026. Borrowing this amount over a 10-year term would result in monthly payments of $1,831.03, while a 15-year term would result in payments of $1,445.63. If the loan were taken out in November 2025, during a period of lower interest rates, the monthly payments would have been slightly higher at $1,835.80 for a 10-year term and $1,446.50 for a 15-year term. The payments were even higher last September when rates were higher, at $1,846.97 for a 10-year term and $1,451.72 for a 15-year term. It is important to note that while your current mortgage servicer may offer competitive rates, it is recommended to shop around and compare rates and lenders before making a final decision. Locking in an affordable home equity loan rate now, before potential rate hikes, can help homeowners save money on their monthly payments.",
  "summary": "A home equity loan offers an affordable way to borrow $150,000 right now, but it may not remain so for much longer.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}