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All right. Today's question comes from Terry in Maryland. My husband and I have a helock with an adjustable

rate. It started at 3.5 last year and now it's at 8.5%. We owe 57,000 and our current monthly payment

is approximately $750. We began paying an extra

$500 toward it a month. However, this impacts our lifestyle and ability to do the things that we love,

such as travel frequently, as well as other home improvements. Total owed with HeOC and mortgage is about $429,000 or household income is $275,000.

Our only other debt is a boat payment that we also make extra monthly payments on.

I'm trying to do my best here, Dave.

Is it best to continue paying extra on the current heat lock and hope the rates drop or find a loan with a lower fixed rate, fixed interest

rate, which may end up being higher than the adjustable rate in the future. Our goal is to pay this

off ASAP, yet the 8% makes this difficult. By the way, my credit score is 800 plus.

This is not, be gentle, this is not a long-time listener. No, this is not a long-time listeners. Long-time listeners

don't close with their credit score. That's a good point. Unless it's zero. Dave, thank you, Dave,

because you gave, you gave grace, Dave, because you gave grace.

And now I shall give grace.

I was making fun of them all the way through the whole email, but there you go.

I'm going to give you grace.

Okay.

You are a first-time listener or an early listener to us.

You've gotten yourself in a mess.

The good news is you've got a great, great, great, great income to get yourself out of this mess. I probably would not move the helock for now.

I'd keep it right where it's at. What I would do if I were you is I would start working our plan. You've obviously found us.

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