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

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

   Cash-out refinance example. Let’s say you still owe $100,000 on your home, and it’s currently worth $400,000. That means you have $300,000 in equity. ... What is the difference between a cash ...

3. Pros and cons of a cash-out refinance - AOL

   www.aol.com/finance/pros-cons-cash-refinance...

   In a cash-out refinance, you replace your existing mortgage with a new loan for a larger amount. This new loan pays off the original mortgage and provides additional cash you can use for any purpose.

4. Cash out refinancing - Wikipedia

   en.wikipedia.org/wiki/Cash_out_refinancing

   The difference between cashout refinancing and a home equity loan are as follows: A home equity loan is a separate loan on top of a first mortgage. A cash-out refinance is a replacement of a first mortgage. The interest rates on a cash-out refinancing are usually, but not always, lower than the interest rate on a home equity loan.

5. Home equity loan or HELOC vs. cash-out mortgage refinance - AOL

   www.aol.com/finance/home-equity-loan-heloc-vs...

   For example, if your outstanding mortgage balance is $150,000 and your home is valued at $250,000, you have $100,000 of equity. ... With a cash-out refinance, the mortgage payments and the loan ...

6. Are cash-out refinance rates higher? How to get the best rate

   www.aol.com/finance/cash-refinance-rates-higher...

   The difference between a cash-out and no-cash-out refinance rate also depends on the type of loan. For example, FHA loans don’t have a risk adjustment between purchases and refinances, so your ...

7. FHA cash-out refinance guide - AOL

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

   The APR offers a more accurate picture of the loan’s cost. For example, you might see an interest rate of 7.76 percent for a 30-year FHA refinance. ... Can I do an FHA cash-out refinance if my ...