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  2. When should you refinance your mortgage? - AOL

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

    Refinancing a mortgage involves swapping out your current home loan for a new one, often with a different rate and term. The process is similar to when you initially purchased your home. Our ...

  3. 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.

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

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

    Piggyback mortgage: A piggyback mortgage helps fund a down payment on a house, allowing you to avoid paying for mortgage insurance or taking out a jumbo loan. 5 steps for refinancing your second ...

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

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

    A no-closing-cost refinance gets rid of the need to pay refinancing fees upfront, but it’s not free. ... Credit check fee: Your credit score and profile are a key part of the lender’s review ...

  6. Average monthly mortgage payment - AOL

    www.aol.com/finance/average-monthly-mortgage...

    Note: To calculate the monthly principal and interest payment, we assume a 30-year mortgage at a fixed 6.9 percent interest rate and a 20 percent down payment. Home price Loan size

  7. Do you need a down payment to refinance your mortgage? - AOL

    www.aol.com/finance/down-payment-refinance...

    Even though you don’t need a down payment to refinance, you do have to pay for it. Refinancing comes with closing costs. The average refinance closing costs total around $5,000, according to ...

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