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2. How to get equity out of the house you’ve paid off - AOL

   www.aol.com/finance/equity-house-ve-paid-off...

   Actually, those means of access are pretty much the same for a paid-off house as for one that still has a mortgage on it. You can take equity out of your home using one of these tools: home equity ...

3. What happens when you pay off your mortgage? - AOL

   www.aol.com/finance/happens-pay-off-mortgage...

   A loan payoff letter: This document will show (down to the penny) what you need to pay off the remainder of your mortgage, plus any owed interest or fees. If you have paid everything off, it will ...

4. Should you use your home equity to pay off high-interest debt?

   www.aol.com/finance/home-equity-loan-pay-off...

   Facing down high-interest debt can seem like an impossible hill to climb. If your debt feels insurmountable, you’re not alone. Overall debt in the U.S. rose 2.4% between 2023 and 2024, according ...

5. How to calculate interest on a loan: Tools to make it easy

   www.aol.com/finance/calculate-interest-loan...

   So, if you pay off the loan early, you could save a sizable amount in interest, assuming the lender doesn’t charge a prepayment penalty. Formula for calculating simple interest You can calculate ...

6. 5 Reasons To Take Equity Out of a Paid-Off House If You ... - AOL

   www.aol.com/finance/5-reasons-equity-paid-off...

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

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

   A ‘better use’ could be funding home renovations instead of buying a more expensive house, or consolidating $70,000 in high-interest credit card debt that would otherwise take years to pay off ...

8. When should you refinance your mortgage? - AOL

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

   Calculate your break-even point — or when your savings start to outweigh your costs of refinancing. ... and you’ll need to pay for home-selling expenses and fees. Interest doesn’t go down ...

9. 4 Things To Know If You’re Selling Your House and ... - AOL

   www.aol.com/4-things-know-selling-house...

   Home equity lines of credit (HELOCs) are more flexible and usually cheaper than home equity loans. That makes them a popular and potentially sensible way for homeowners to access the equity in ...