How much will a $150,000 HELOC cost monthly now that the Fed's cutting interest rates?

HELOC costs are set to decline further now that the Federal Reserve is cutting interest rates again. Getty Images/iStockphoto

Withdrawing $150,000 out of your hard-earned home equity may not be a decision you'd make in a traditional economic climate. But the economy of October 2025 is a unique one, positioning homeowners in need of extra financial support to consider alternative funding sources. A home equity line of credit (HELOC) , in particular, may be one of their more attractive options.

For starters, the average home equity level is now over $300,000, so a line of credit of this size won't drastically exhaust the equity that many would prefer to keep as backup. And, with an interest rate cut just issued in September and others largely anticipated for when the Fede