<p>So the PLUS interest rate is 8.5%, right? The interest rate on a home equity loan would be much lower for us - 3.5%.</p>
<p>What's the advantage of taking a PLUS loan then...? Does anyone else have any other suggestions?</p>
<p>So the PLUS interest rate is 8.5%, right? The interest rate on a home equity loan would be much lower for us - 3.5%.</p>
<p>What's the advantage of taking a PLUS loan then...? Does anyone else have any other suggestions?</p>