serviced. This is especially true when interest payments are 3 times higher than principal reduction. Once the ratio slips from 3 -to-1 to something less-than 1-to-one, you've crossed over the "knee" and you stop gaining much time in mortgage servicing. And, tax laws change every year, so you need to check with someone smart in your state, because this cannot be done without knowing what your state income taxes are -- Texas, New Hampshire, Alaska, and whoever else don't have to sweat that complication. If you can't itemize, even with a mortgage, then the problem is simpler. Regards. In my case, mi esposa wasn't equally commtted to budget control, so I would not be successful in a HELOC plan. But it's a fun game to look at. August 12, 2012 vicky Danis @ 7:22 am : Vicky Danis loan services Reputable, legitimate and accredited money lender and loan specialists who help stop Bad Credit History, Credit and interest rate of 2% only for individuals and cooperate bodies and companies in need of financial assistance in any the world. We offer loans to individual or corporate interests with a low interest rate of 2% guarantee (ID, social security, 100% guaranteed). Our professional advice is not binding.