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2. When should you refinance your mortgage? - AOL

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

   Lowering or paying off high-interest debt. ... The new loan would trim your monthly mortgage payment to $1,859 per month, giving you an additional $107 of wiggle room in your monthly budget ...

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

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

   Refinancing: Instead of prepaying, you can refinance your loan, trading in your old mortgage for a newer one. Refinancing can help you pay off your mortgage more quickly if you shorten the loan ...

4. 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.

5. 4 ways to get equity out of your home — and what to know ...

   www.aol.com/finance/how-to-get-equity-out-of...

   Typical interest rates on home equity loans are lower than those of the average credit card and personal loan, and tapping into your home's value to pay off high-interest debt could significantly ...

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

   www.aol.com/finance/fha-streamline-refinance...

   FHA refinance rates are usually competitive with the refinance rates for other types of loans. You can use a mortgage refinance calculator to see how lowering your rate or shortening or ...

7. FHA cash-out refinance guide - AOL

   www.aol.com/finance/fha-cash-refinance-guide...

   If you have other loans or debt, it’s wise to try to pay things down before you apply for a refinance. ... (While most FHA loans require mortgage insurance for the entire loan term, you can do ...