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2. Cash-out refinance explained: How it works — and when it can ...

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

   A cash-out refinance could reduce your total monthly payment even while borrowing more, like dropping from 6% to 4% on a $300,000 mortgage. You need a significant amount of money for a specific ...

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

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

   Shopping around for the best cash-out refinance rates: ... (DTI) ratio: Your monthly debt payments divided by your gross monthly income, expressed as a percentage, equals your DTI. It should be 43 ...

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. ... your monthly principal and interest payments won’t change.

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

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

   Say your gross monthly income is $5,000 a month, and you typically pay $700 a month to your mortgage, $500 a month to credit cards and $250 a month to a personal loan — a total of $1,450 in ...

6. When should you refinance your mortgage? - AOL

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

   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. Over the life of the loan, you’d pay $334,756, of ...

7. FHA cash-out refinance guide - AOL

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

   If you don’t need to borrow more money with a cash-out, an FHA streamline refinance cash-out can be an easier route to try to save money on your monthly payments. As the name implies, the ...