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Part III: Financing Your Home and Car > Refinancing Your Mortgage

Chapter 10. Refinancing Your Mortgage

IN THIS CHAPTER

Why Refinance?

Costs of Refinancing

Making a Decision

The Mortgage Refinance Breakeven Calculator

Although the traditional mortgage is for 30 years, very few last that long. Of course, mortgages are paid off when people sell their houses, but another reason for mortgages ending early is refinancing. This can be an important tool for a home owner. In this chapter you will learn about refinancing and how to evaluate whether it is right for you.


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