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  2. When should you refinance your mortgage? - AOL

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

    Lowering or paying off high-interest debt. ... 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 ...

  3. What happens when you pay off your mortgage? - AOL

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

    Refinancing: Instead of prepaying, you can refinance your loan, trading in your old mortgage for a newer one. Refinancing can help you pay off your mortgage more quickly if you shorten the loan ...

  4. 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.

  5. Should I refinance my mortgage in 2024? - AOL

    www.aol.com/finance/refinance-mortgage-2024...

    If you can save on your monthly payment or need to pull cash out of equity, you may want to consider refinancing in 2024. However, as rates are expected to continue to fall, you might consider ...

  6. 4 ways to get equity out of your home — and what to know ...

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

    Typical interest rates on home equity loans are lower than those of the average credit card and personal loan, and tapping into your home's value to pay off high-interest debt could significantly ...

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

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

    Refinancing a second mortgage can be worth doing in a few scenarios, such as when you can save money overall, reduce your monthly payment or convert from a variable interest rate to a fixed one.

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