Figure Home Equity Line vs. Discover Student Loans
Side-by-side comparison · Updated 2026 · Independently reviewed
Figure Home Equity Line
Figure
4.8
Fully digital HELOC with funding in as little as 5 days and a fixed interest rate — no variable-rate risk.
Full review →
Discover Student Loans
Discover Bank
4.4
APR 4.49–14.99%. No fees. Cash reward for good grades.
Full review →WealthSpott Verdict
Figure Home Equity Line wins on more measurable categories — particularly on rate and cost. Discover Student Loans may still be the right fit depending on your loan amount and term needs.
Feature
Figure Home Equity
Discover Student Loans
APR Range
7.35% – 15.54%
4.49% – 14.99% Best
Loan Amount
$15,000 – $400,000 Best
From $1,000
Term Length
60–360 months
120–180 months
Origination Fee
0%–4.99% of draw amount (rolled into balance)
None
Min Credit Score
640+ Best
660+
Funding Speed
As fast as 5 business days
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Figure Home Equity Line
Discover Student Loans
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