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2. Refinancing a home equity loan: When and how to do it - AOL

   www.aol.com/finance/refinancing-home-equity-loan...

   If your home’s value has increased, for instance, from $350,000 to $400,000, and you have paid down your mortgage and previous home equity loan to a total outstanding amount of $200,000, you ...

3. How much equity do you need to refinance? - AOL

   www.aol.com/finance/much-equity-refinance...

   Home equity. The cash value of your home. For example, if your home is valued at $400,000 and you owe $200,000 on the mortgage, your home has $200,000 of net equity. Loan-to-value (LTV) ratio. The ...

4. The Fed just cut interest rates. Time to tap your home equity?

   www.aol.com/finance/fed-just-cut-interest-rates...

   If that’s the case, refinancing can make sense if the interest rate on your home equity loan has dropped significantly since you took out the loan. A general rule of thumb says you should reduce ...

5. How to calculate your home equity — and how much of it you ...

   www.aol.com/finance/calculate-home-equity...

   The CLTV includes your first mortgage and any other loans attached to your home — including the HELOC or home equity loan you’re applying for. For example, if you wanted a $30,000 home equity ...

6. When should you refinance your mortgage? - AOL

   www.aol.com/finance/when-to-refinance-mortgage...

   Home equity loans. With a home equity loan or line of credit (HELOC), you take on an additional loan or line of credit rather than replace your mortgage. If you have a stellar interest rate right ...

7. Refinance rates for Thursday, January 9, 2025 - AOL

   www.aol.com/finance/mortgage-and-refinance-rates...

   A mortgage point could cost 1% of your mortgage amount, which means about $5,000 on a $500,000 home loan, with each point lowering your interest rate by about 0.25%, depending on your lender and loan.