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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...

   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. Over the life of the loan, you’d pay $334,756, of ...

4. When should you refinance your mortgage? - AOL

   www.aol.com/finance/when-to-refinance-mortgage...

   You should refinance if you want longer terms to lower your monthly mortgage payment or shorter terms to pay off your loan sooner. But you’ll want to make sure you’re lowering your interest ...

5. 4 ways to get equity out of your home — and what to know ...

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

   Requires appraisal and closing costs of 2% to 5% of your loan amount. A cash-out refinance is a type of mortgage loan that replaces your current mortgage with a new, larger mortgage and allows you ...

6. 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 ...

7. 15-year vs. 30-year mortgage: Which is right for you? - AOL

   www.aol.com/finance/15-vs-30-mortgage-215934391.html

   A shorter schedule requires larger payments but allows you to pay off the loan faster, while a 30-year schedule lowers your monthly payments but costs more in interest in the long term.