Florida Cash-Out Refinance: Compare the Full Cost
Compare the full loan cost, repayment timeline and home-equity alternatives with Shahram Sondi.
Explore the cash-out guide and comparison tools
Read the video transcript
Thinking about using your home equity?
A cash-out refinance replaces your existing mortgage with a larger loan. After payoffs and closing costs, the remaining cash is yours to use.
The new rate applies to the whole mortgage you're replacing.
I want to know whether the cash is worth that change.
We compare the payment, borrowing costs, and repayment timeline. A home equity loan or line of credit may let you keep your current first mortgage.
If you're paying off credit cards, that debt becomes secured by your home. Stretching repayment can also cost more over time.
This page helps you compare the choices and the cash you'd actually receive. Start with your current loan and what you want the money to do.
Call or text me. Let's review your options.