Should I Use HELOC to Lower Debt Payments? Arizona

Current Interest Rates
PRODUCT +/- Rate Last week
30 yr fixed mtg 3.79% 3.75%
15 yr fixed mtg 3.11% 3.02%
5/1 ARM 2.67% 2.66%
PRODUCT +/- Rate Last week
$30K HELOC 4.60% 4.59%
$30K home equity loan 5.76% 5.75%
$50K HELOC 4.24% 4.24%
PRODUCT +/- Rate Last week
48 month used car loan 4.35% 4.35%
48 month new car loan 3.24% 3.24%
36 month used car loan 4.34% 4.35%
PRODUCT +/- Yield Last week
6 month CD 0.46% 0.47%
1 yr CD 0.70% 0.75%
5 yr CD 1.47% 1.48%
PRODUCT Rate
Balance Transfer Cards 16.10%
Cash Back Cards 16.36%
Low Interest Cards 10.69%
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Loan Info
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Loan Length (Yrs)
ClosingCost ($)
Taxes (%)
Auto Loan Amount ($) Payment ($) Interest (%)
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Financial Analysis
  Debt HELOC
Debt Amount $9,000.00
Monthly Payment $910.00 $46.95
Average Interest Rate 12.933% 4.750%
Payoff Timeline 0 Yrs 11 Mts 30 Yrs 0 Mts
Total Monthly Payment $9,567.93 $16,901.37
Total Deductible Interest $0.00 $7,901.37
Average Annual Tax Savings $0.00 $68.48