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2. When should you refinance your mortgage? - AOL

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

   You will be splurging on discretionary purchases: Don’t fall into the trap of putting your home on the line to spend the refinance savings or cash-out proceeds on one-time expenses like a ...

3. 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 ...

4. 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.

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

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

   When you do a cash-out refinance, you use your home equity to withdraw cash to spend. This increases your mortgage debt but gives you money that you can invest or use to fund a goal, like a home ...

6. 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 that of a regular refinance (aka a rate-and-term refinance), in which you simply replace your existing loan with a new one, usually at a lower ...

7. 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 ...