This simple chart can help you decide which type of loan to take out
Learn how much a $10,000, three-year loan will set you back with this easy guide.
TOTAL COST (IN ADDITION TO PRINCIPAL)
|Credit card cash advance||18 percent||$3,223||$357|
|Unsecured personal loan||12 percent||$1,957||$332|
|Peer-to-peer loan||11 percent||$2,086||$327|
|Secured home equity loan||6 percent||$1,252||$304|
|Home equity line of credit*||5 percent (variable)||$1,090||$300|