🏠 Should you pay down HELOC debt or build emergency savings first?
This view is unlisted — only visible via link.
💵 Income & Fixed Costs
You have a high-paying but potentially unstable job, a $150k HELOC at 10%, $25k in cash, and $250k in a brokerage. With a $10k monthly surplus, you are aggressively paying down the HELOC. Should you pause to build a 6-month emergency fund first?
First, enter your monthly income and fixed obligations.
💳 Debt Details
Next, enter the details of your high-interest debt.
🏦 Savings & Liquidity
Finally, outline your current cash on hand and your target emergency fund size.
🔗 See Also
📊 Results
Total Surplus
Target Emergency Fund
Savings Shortfall
Months to Fund
4
Annual Cost of Liquidity
Recommendation
Build savings
Calculator updated by heyfinfam (v26.10.0) · View history
Privacy: None of your data is transmitted to the author of this view or any other third parties. Financial inputs are never used to identify you; they're only used to calculate results.
Disclaimer: This content and any calculations provided are for informational purposes only. The views, calculations, and methodologies expressed are those of the author and do not necessarily reflect those of this platform. Not financial advice. Users are solely responsible for any decisions made based on this information.