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  2. Refinancing to a 15-year mortgage: What to consider - AOL

    www.aol.com/finance/refinancing-15-mortgage...

    Pros of refinancing to a 15-year mortgage. Lower interest rate: Interest rates for 15-year fixed loans are often lower than those on 30-year mortgages. That lower rate, plus a shorter repayment ...

  3. How to get the best refinance rate on your mortgage - AOL

    www.aol.com/finance/best-refinance-rate-mortgage...

    Utilize online calculators to help make decisions and find a mortgage that best suits your needs, Boies says. 7. Pay closing costs upfront ... while the average 15-year fixed refinance APR is 6.5 ...

  4. No-closing-cost refinance: What it is and how it works - AOL

    www.aol.com/finance/no-closing-cost-refinance...

    Say you’re refinancing a $200,000 mortgage to a new, 15-year loan with a lower interest rate. ... on $200,000 over 15 years, it’d cost you $132,530 in interest. ... Bankrate’s mortgage ...

  5. When should you refinance your mortgage? - AOL

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

    Now say about 15 years into the loan, you’ve paid $86,551 toward the principal and $257,499 in interest and you want to refinance the remaining $233,449 of your principal balance with a new 15 ...

  6. Pros and cons of a 15-year mortgage - AOL

    www.aol.com/finance/pros-cons-15-mortgage...

    Refinancing to a 15-year mortgage. Buying a new home is not the only time to consider a 15-year mortgage loan. ... Calculator. Let’s say you borrow $350,000 to buy a house. If you took out a 15 ...

  7. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    Depending on the size of the loan and the prevailing practice in the country the term may be short (10 years) or long (50 years plus). In the UK and U.S., 25 to 30 years is the usual maximum term (although shorter periods, such as 15-year mortgage loans, are common).

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