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2. Pros and cons of a cash-out refinance - AOL

   www.aol.com/finance/pros-cons-cash-refinance...

   The good news: Refinance fees aren’t nearly as expensive as the closing costs on a home purchase. However, ... Closing on a cash-out refinance typically takes 30 to 60 days. Ask your lender for ...

3. Cash-out refinance vs. home equity loans: Which is best in ...

   www.aol.com/finance/cash-out-refinance-vs-home...

   Unlike a cash-out refinance, you get a separate loan with fixed rates, terms of 5 to 20 years and often lower or no closing costs. A home equity line of credit (HELOC) is a close cousin of the HELoan.

4. Do I lose home equity after refinancing? - AOL

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

   Straight refinance vs. cash-out refinance ... if closing costs on your refinancing are $5,000 and the amount you are refinancing is $150,000, the lender can give you a total of $155,000, borrowing ...

5. Mortgage refinance: What is it and how does it work? - AOL

   www.aol.com/finance/mortgage-refinance-does...

   Closing costs on a mortgage refinance can run between 2 and 5 percent of the amount you refinance. These line items include discount points, your loan’s origination fee and an appraisal fee to ...

6. When should you refinance your mortgage? - AOL

   www.aol.com/finance/refinance-mortgage-152541677...

   If you refinance to a $250,000 loan and the closing costs total 2 percent of that, for example, you’d owe $5,000 at closing. ... To determine the break-even point on your refinance, divide the ...

7. Cash-out refinance explained: How it works — and when ... - AOL

   www.aol.com/finance/what-is-cash-out-refinance...

   Pay closing costs: $5,000 to $12,500 (2 ... You plan to stay in your home long enough to recoup the closing costs. With refinancing costs between 2% to 5% of the loan amount, you typically need ...

8. Do you need a down payment to refinance your mortgage? - AOL

   www.aol.com/finance/down-payment-refinance...

   Say your house is valued at $400,000 and there’s $300,000 on your mortgage balance. You would have $100,000 of equity or, based on your current home value, 25 percent. ... What are closing costs ...

9. FHA cash-out refinance guide - AOL

   www.aol.com/finance/fha-cash-refinance-guide...

   You’ll need to pay closing costs on the new loan, which typically range between 2 percent and 6 percent of the loan amount. So, if you’re taking out $250,000, those closing costs might be as ...