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  2. When should you refinance your mortgage? - AOL

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

    The amount you can save by refinancing depends on several factors, including your closing costs and whether you’ve chosen the right kind of refinance for your needs.

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

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

    After refinancing, your monthly mortgage payment increases by about $535, but you'll have up to $95,000 in cash to use as needed, while maintaining about $150,000 in home equity. ... starts over ...

  4. 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. On the downside, a cash-out refinance increases your debt burden ...

  5. When should you refinance your mortgage? - AOL

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

    By refinancing, you’d save about $220 on your monthly payments and nearly $30,000 in interest payments over the life of the loan, and it would take you about three years to recoup the closing ...

  6. Mortgage refinance: What is it and how does it work? - AOL

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

    To refinance a mortgage, you’ll pay between 2 and 5 percent of the loan amount in closing costs, so if you’re refinancing to save money, you’ll need to calculate your break-even point.

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

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

    The process for a cash-out refinance is similar to a regular refinance but requires a larger loan: the balance of the old mortgage and cash borrowed against the home’s equity.

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