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2. 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% to 5% of the loan amount) Receive cash in hand: $87,500 to $95,000. ... Before committing to a cash-out refinance with closing costs, you may want to ...

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

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

   Refinancing comes with closing costs. The average refinance closing costs total around $5,000, according to Freddie Mac, and can include: Appraisal fee. Loan origination fee. Credit report fee.

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

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

   The average closing costs for a refinance came in at $2,375. However, those costs vary widely across the country partly due to tax differences. For example, homebuyers in Washington, D.C. paid the ...

5. When should you refinance your mortgage? - AOL

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

   Upfront costs. Refinancing comes with closing costs, which can cost you upward of 6% of the loan amount. Do the math to see if you can afford the refinance costs. Some lenders and loans allow you ...

6. 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 ...

7. 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 ...