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You might just have to implement and await couple of minutes to obtain an email or the proof contact. [link widoczny dla zalogowanych] Make sure you understand the terms of the loan and the payback period. Some lenders expect you to repay the entire loan amount in one payment, while others offer multiple payments, called installments. If you donât think you can pay back the loan by your next pay period, itâs best to go with installment payments. But Rothenhoefer had another idea. With his mortgage paid off, he decided to take out a home-equity loan and use the extra income from the bigger monthly Social Security benefit to repay the loan. "I didn't have to touch my savings, and I'll get a tax deduction on the interest," says Rothenhoefer, who lives in Ellicott City, Md.
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