- APRs from 7.15% to 14.85%
- Lines from $15,000 to $750,000, and you draw the full line at closing
- Funds in as few as 5 days
- Fee of up to 4.99% of the draw
- No in-person appraisal on lines under $400,000
Aven and Figure both put a HELOC behind a quick online application. They charge for cash in different ways, and that’s where the money is.
Aven charges 2.5% when you pull cash out of its Visa. Figure charges up to 4.99% of the draw. On $50,000 that’s $1,250 against up to $2,495. A real gap, though not the whole story.
The short version: If you’ll mostly spend on the card and pay it down, Aven is hard to beat. If you need a set pile of cash for one job, price Figure next to Aven at the same amount before you pick. The smart move is two quotes, same number, side by side.
Aven vs. Figure at a glance
The APR ranges almost line up at the top, 14.99% at Aven and 14.85% at Figure. Where you land inside the range is the real question, and only a rate check answers it.
The fee math on $50,000
Here is the cash fee if you take $50,000. This is plain math, not a quote.
| Option | Fee rate | Fee on $50,000 | How it works |
|---|---|---|---|
| Aven card cash-out | 2.5% | $1,250 | Send cash to your bank from the card, any amount up to your line |
| Aven Home Equity Cash | 4.9% on the first draw | $2,450 | You take the full credit line up front, then pay no fee on later draws |
| Figure | Up to 4.99% of the draw | Up to $2,495 | You draw the full line at closing |
The Aven Home Equity Cash fee applies to the total initial amount drawn, and that product requires the full credit line up front, so the row assumes a $50,000 line.
Read the first row against the last one. The Aven card saves up to $1,245 in fees, as long as you’re fine with a card-style line and a variable rate. Figure’s fee is an “up to” number, so yours could come in lower.
Notice what happens when Aven sells the lump-sum version. Home Equity Cash lands right next to Figure at 4.9%. The cheap fee belongs to the card.
Get your own number at Figure, then hold it up against the 2.5% on Aven’s card.
Spending vs. pulling cash on the Aven card
The Aven card flips the math if you use it as a card. Put $30,000 of purchases on it and 2% back is $600 with AutoPay on. With AutoPay off it’s 1.5%, or $450.
Pull that same $30,000 as cash and the fee is $750. Same line, opposite result.
Where Aven comes out ahead
- A lower fee when you pull cash on the card: 2.5% against up to 4.99% at Figure
- Smaller lines, starting at $5,000 against $15,000 at Figure
- 2% cash back on purchases when AutoPay is on
- Funding in as fast as 3 days
- An APR range that starts lower, at 6.74% against 7.15%
Where Figure comes out ahead
- Bigger lines, up to $750,000 against $400,000
- A plain draw, with no credit card tied to your house sitting in your wallet
- One lump sum at closing, so there is one fee and one number to compare
- No in-person appraisal on lines under $400,000
If you’re borrowing for one job, like a roof or a contractor deposit, that last point matters. Check your Figure rate and you’ll know where you stand.
The catches on each side
Aven’s catches
The APR is variable and tied to prime, with a cap of 14.99%. Budget for the top of that range, not 6.74%.
It’s a card secured by your home, so falling behind matters more than it does on a normal card. Cash back is for purchases only, and the 2% needs AutoPay on. Not every state is covered, you get one account per property, and multi-unit and manufactured homes are out. Check the terms on Aven’s own page before you plan around it.
Figure’s catches
You draw the full line at closing, so you pay interest on all of it from day one. Size the line to what you need. And the fee is up to 4.99% of the draw, which is the biggest cost here.
Worth a third quote
A HELOC from Upstart Home Lending is an easy, online application for $26,000 to $250,000, with 10 and 15 year terms and APRs of 6.52% to 18.00%1. It’s available for credit scores starting at 600. You’ll draw at least 80% of the line at closing, so it works best when you know the amount.
See if you could qualify for a HELOC from Upstart Home Lending and get all three numbers at the same amount.
Upstart Mortgage, LLC dba Upstart Home Lending. NMLS #2443873. Equal Housing Opportunity.
Which one should you pick?
Pick Aven if the plan is to spend on the card and pay it down, or to move card debt over and the 2.5% still leaves you ahead. It’s built for that.
Pick Figure when you need a lump sum for one thing, want a line bigger than $400,000, or you’d rather not carry a card tied to your house. Either way, get both rates at the same amount before you decide.
Figure could make sense if you need a set amount in one lump sum and want to see your rate before you commit.
More: Aven HELOC review: is the Aven card legit?
Aven vs. Figure FAQ
On the cash fee, Aven’s card is cheaper: 2.5% against up to 4.99% at Figure, which is $1,250 against up to $2,495 on $50,000. Your APR still matters. Aven’s range is 6.74% to 14.99% and Figure’s is 7.15% to 14.85%, so check your own rate at Figure and compare it with Aven’s offer on the same amount.
Aven’s card has no annual, sign-up or prepayment fee. The charge is 2.5% on cash-outs and balance transfers. Its separate Home Equity Cash product charges 4.9% on the first draw, which is the full credit line.
Aven’s card lines run from $5,000 to $400,000. Figure’s run from $15,000 to $750,000.
Funding at Aven can happen in as fast as 3 days. Figure funds in as few as 5 days.
It applies to eligible purchases, and the full 2% needs AutoPay on. With AutoPay off it’s 1.5%. Cash-outs carry the 2.5% fee and earn no cash back.
Take the next step.
See what Figure could offer you at your amount.
Keep reading
Upstart Home Lending disclosures
Upstart Mortgage, LLC dba Upstart Home Lending. NMLS #2443873. Equal Housing Opportunity.
The numbered disclosure below is Upstart Home Lending’s own wording. In it, “we” and “our” mean Upstart Home Lending.
1 Terms shown here are subject to change without notice. APRs for initial advances range from 6.52% to 18.00% based on rates offered as of June 2026. The lowest rate is only available to consumers willing to become a member of a credit union and to those who meet a minimum FICO score of 780, CLTV under 70%, and DTI under 45%. Your actual rate will depend on many factors such as your credit history, combined loan-to-value ratio (CLTV), line amount, loan term, lien position, and property state. Origination fee to open an account is between 0% and 4.99% of the approved credit limit. The Annual Percentage Rate (“APR”) is variable and based on the Prime Rate as published in the Wall Street Journal “Money Rates” table plus or minus a margin. Your APR will never be less than 3.99% or greater than 18.00%. Property insurance is required.
Some companies on this page pay Smarts when you click or apply. That can affect which companies appear and where. It never changes our ratings.
Terms, pricing and availability change. Confirm the current terms on each company’s site before you apply.
See how much cash you could access from your home’s equity, with no monthly payments. Free estimate in about a minute.
See my estimateOpens the free Smarts equity calculator.
A peek inside
Know your numbers first.
