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In response to "as kilbo and discussed, the payoff time might be shorter there so payments higher. assuming his rate is higher than rock bottom now, a cash-out refi " by amanda

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Ah, I misunderstood you then. HELOC works too I suppose but the payback period is much faster
oblique (aka kkuphal) Sep 11 '12, 09:56
and depending on cash flow, refi might *feel* better even it means more cash out in the long run due to interest
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