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  2. 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.

  3. When should you refinance your mortgage? - AOL

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

    Current mortgage. Refinance. Monthly payment. $1,966. $1,859. Interest rate. 6.23%. 5.11%. Total payments ... The process is similar to when you initially purchased your home. Our mortgage ...

  4. 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 ...

  5. How to refinance when you have a second mortgage - AOL

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

    Home equity loan: A home equity loan lets you convert your home equity into a lump sum of money, which you typically pay back with a fixed interest rate over 5 to 30 years.

  6. No-closing-cost refinance: What it is and how it works - AOL

    www.aol.com/finance/no-closing-cost-refinance...

    The closing costs on a mortgage refinance for a single-family home averaged $2,375 in 2021, according to ClosingCorp. Refinance closing costs vary widely from state to state , however.

  7. Behind on mortgage payments? 6 ways to catch up - AOL

    www.aol.com/finance/behind-mortgage-payments-6...

    A mortgage refinance might be for you if you’re ready to restart your payments, you plan to stay in your home for a while and prevailing interest rates have come down since you got your loan.

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