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Consolidate debt with HELOC?



Here is my breakdown:

HELOC $2600 (no time limit, $50 per month minimum payment)
Credit Card $210 ($10 per month minimum payment)
Spouse's Student Loan $8700 (years to go...$144 pr/mo)
My Student Loan $9944 (years to go...$111 pr/mo)
Car #1 Loan $10,200 (4.5 years to go, $201 pr/mo)
Car #2 Loan $11,400 (2.5 years to go, $277 pr/mo)

Total debt:
Total monthly payments for all of the above debt is $733.

I have Approximately $50,000 in equity in my home, and was wondering the
following:

Should I increase my HELOC maximum amount to $40,000 and then consolidate
all current debt by paying it off with the low interest HELOC? I would like
to sell my current home and buy a bigger home within 4 years, so I don't
think this makes sense to consolidate because I would lose all of my equity
for the new home. Thoughts?




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