You could also do a…
…debt consolidation refinance to pay off and eliminate your debt. There are many advantages to using the equity in your home to pay off your debt. Number one the interest of the mortgage will be tax deductible. The second advantage is that you will have a much lower total monthly expense expenditure each month. By saving money each month you will be able to apply more money towards your mortgage payment each month and pay your mortgage down much quicker.
