How much will a $50,000 home equity loan cost monthly if opened this September?

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. By August 24, 2026 / 3:11 PM EDT / CBS News Add CBS News on Google Homeowners should carefully consider their potential loan costs before borrowing any equity. seksan Mongkhonkhamsao/Getty Images The end of any month is often a smart time to reconsider your financial health and circumstances. Heading into September 2026, however, it's arguably more important than usual. With inflation elevated, the prospects of a rate hike from the Federal Reserve significant and household debt levels already elevated, what you do with your money and how you borrow any extra funds is critical right now. Fortunately, if you're a homeowner, you likely have a viable and affordable fu