"Honestly, knowing exactly what we'd owe each month was a relief, especially with rates bouncing around lately."
Totally get this. When we redid our kitchen, we opted for a HELOC thinking we'd appreciate the flexibility. It was great at first—until the fridge died and we ended up splurging way more than planned on appliances. Suddenly, those variable payments weren't so fun anymore... If I had to do it again, I'd probably lean toward fixed-rate just for the peace of mind factor. Live and learn, right?
I hear you on the appliance spiral... We went fixed-rate for our bathroom remodel, and honestly, it was nice knowing exactly what to budget every month. But then again, when we found some surprise plumbing issues halfway through (yay, old houses...), I couldn't help but wonder if a HELOC would've made handling those extra costs easier. Guess there's no perfect solution—just gotta weigh your comfort with risk versus flexibility.
