Oops...you're right on the number. Was thinking about 3 things at once and trying to decide whether to word based on $100k of loans or amount of loans for $75k of pay or average loan size or something... Then crossed wires in my head.

Refi is in the tank right now - anybody who bought more than a year ago could pull cash out and have their payment go up significantly, and most people who were paying attention refid into a <3% loan at some point in the last few years. Last year you could have gone through the existing loans and called them up saying "hey... We can put some cash in your pocket AND lower your payment", now the equivalent monthly payment has about half the buying power it had last year.

HELOC... Maybe? Though those are going to be much smaller credit amounts.