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Mortgage Calculator with PMI and Taxes

Savings Corner

The mortgage payment calculator can help you decide what the best down payment may be for you. Your debt-to-income ratio is the percentage of pretax income that goes toward monthly debt payments, including the mortgage, car payments, student loans, minimum credit card payments and child support.

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Cash-Out Refinancing: How It Works, When To Do It

Savings Corner

Your cost to borrow could be lower: Cash-out refinances often have lower rates than home equity loans , personal loans and credit cards. You can improve your credit: If you use your equity to consolidate debt, your credit utilization could drop. This can be a boon for your credit score.