Page 7 - Your Guide to Accessing Home Equity 7.18.17
P. 7
Cash-out refinance example. For illustration purposes only.
Your Home
Appraised Home Value
$200,000
What You Owe
Current Mortgage Loan $100,000
Setup a New Loan
Refinance Current Mortgage
for $125,000
Access Home Equity
Withdraw $25,000 from
Home Equity
Use the equity you “cashed-out” for any
big expenses like paying off high-interest
debt or funding home improvements.
CALL AAG TODAY
and find out more about a cash-out refinance.
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