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

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

    You can secure a lower rate than your current mortgage. A cash-out refinance could reduce ... You plan to stay in your home long enough to recoup the closing costs. With refinancing costs between ...

  3. 3 Things You Need to Do Before Refinancing Your Mortgage - AOL

    www.aol.com/finance/3-things-refinancing...

    First, you need to know how to determine your cost savings from refinancing. You can do this with a mortgage calculator. For example, if you have a 7% interest rate and owe $300,000, getting a 6% ...

  4. Closing costs: What are they and how much are they? - AOL

    www.aol.com/finance/closing-costs-much-175340844...

    Key takeaways. Mortgage closing costs are the fees associated with buying a home that you must pay on closing day. Closing costs typically range from 2 to 5 percent of the total loan amount, and ...

  5. Can You Roll Closing Costs Into Your Mortgage?

    www.aol.com/roll-closing-costs-mortgage...

    Closing costs are the loan fees and other costs you incur when you purchase or refinance a home. There's no escaping them, but depending on the type of loan you use, you might be able to roll ...

  6. Types of mortgage refinance: How to choose - AOL

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

    No-closing cost refinance: A no-closing cost refinance is any type of refinance that doesn’t require you to pay closing costs on closing day. Instead, you’ll bundle these fees into the new loan.

  7. 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.) Foreclosure risk: Your home is the collateral for the cash-out refinance, so if you don’t ...

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