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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...

   By refinancing to a lower rate of 6% with a 30-year term, here's how a cash-out refinance for $250,000 could work. Approval for new mortgage: $250,000 at 6% for 30 years — monthly payment: $1,778

3. 4 ways to get equity out of your home — and what to know ...

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

   Homeowners who refinanced their mortgages at these new low rates were able to reduce their monthly payments. ... A cash-out refinance is a type of mortgage loan that replaces your current mortgage ...

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

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

   To determine cash-out refinance rates, mortgage lenders take a baseline interest rate and then make adjustments based on your credit score, financial profile and loan-to-value (LTV) ratio.

5. 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 ...

6. 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 down side, a cash-out refinance increases your debt ...

7. Types of mortgage refinance: How to choose - AOL

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

   Rate-and-term refinance: Rate-and-term is a refinance option that swaps your current mortgage for a new loan with a new interest rate and/or repayment term. Cash-out refinance: In a cash-out ...