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  2. Can I Use a HELOC to Pay off a Mortgage Faster ... - AOL

    www.aol.com/heloc-pay-off-mortgage-faster...

    If your mortgage balance is $340,000 and you want to borrow $20,000 using a new HELOC, then your LTV (including the new HELOC) would be $360,000 divided by $400,000, or 90%.

  3. Should you use a HELOC to pay off your mortgage? - AOL

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

    Chance for a lower rate: If your current mortgage has a higher interest rate and the HELOC has a lower rate, you can use the funds from the HELOC to pay off your mortgage sooner for less. This ...

  4. Fact vs. fiction: Top 8 common home equity myths — debunked

    www.aol.com/finance/home-equity-myths-debunked...

    Myth #2: You can access 100% of your home’s equity with a home equity loan or a HELOC. Unfortunately, very few lenders will finance a loan for 100% of your home equity.

  5. Should I Use My 401(k) to Pay Off My Mortgage? - AOL

    www.aol.com/401-k-pay-off-mortgage-140056496.html

    Reduced Retirement Assets: Paying off your mortgage with your 401(k) can significantly eat into your retirement assets, especially if you have a large balance left to pay. For instance, if you ...

  6. Should you use a home equity loan to pay off your debts? - AOL

    www.aol.com/finance/home-equity-loan-debt...

    Cash-out refinance: Rather than taking out a second mortgage with a home equity loan, you can replace your original mortgage altogether – and borrow even more – with a cash-out refinance. The ...

  7. Using 401(k) Money to Pay Off a Mortgage - AOL

    www.aol.com/ask-advisor-smart-pay-off-100000989.html

    Is it smart to pay off my mortgage with money from my 401(k) and save $800 more per month? The mortgage balance is $60,000. – Robert Many people consider paying off their mortgage to be a "must ...

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