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2. Cash-out refinance: What it is and how it works - AOL

   www.aol.com/finance/cash-refinance-works...

   Shopping around for the best cash-out refinance rates: ... (DTI) ratio: Your monthly debt payments divided by your gross monthly income, expressed as a percentage, equals your DTI. It should be 43 ...

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

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

   A cash-out refinance offers benefits like access to money at potentially a lower interest rate, plus tax deductions if you itemize. ... your monthly principal and interest payments won’t change.

4. Home equity loan or HELOC vs. cash-out mortgage refinance - AOL

   www.aol.com/finance/home-equity-loan-heloc-vs...

   “The certainty of fixed monthly payments is an advantage, though the potential for foreclosure if payments aren’t made and upfront costs are downsides.” ... With a cash-out refinance, the ...

5. 4 ways to get equity out of your home — and what to know ...

   www.aol.com/finance/how-to-get-equity-out-of...

   Say your gross monthly income is $5,000 a month, and you typically pay $700 a month to your mortgage, $500 a month to credit cards and $250 a month to a personal loan — a total of $1,450 in ...

6. When should you refinance your mortgage? - AOL

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

   The new loan would trim your monthly mortgage payment to $1,859 per month, giving you an additional $107 of wiggle room in your monthly budget. Over the life of the loan, you’d pay $334,756, of ...

7. How to unlock your home equity during financial turmoil - AOL

   www.aol.com/finance/unlock-home-equity-during...

   Additionally, a cash-out refinance replaces your previous monthly payment and term and starts it anew, while home equity loans and HELOCs require a separate payment on top of your primary mortgage ...