Best way to finance a remodel?

Hello,

One of my bathrooms is in really bad shape and so I have to remodel. Money is tight and so I am wondering what would be the wisest way to cover remodel costs? Are home equity loans even around nowadays? My house has finally gained some equity after many years of being under. One company that quoted me for the remodel offered a 10 year loan at 7.99%. The monthly payments were very low, and so that is tempting, but I don't know in the long run if that is the best way to go. I'm looking at around $20,000 in expenses. Any advice appreciated. Thanks!

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