Consolidate high-interest debt by refinancing with a low mortgage rate
Refinance your debt into one low-cost loan today.
With our 15-year fixed-rate mortgage, you can consolidate your debt and pay it off faster.
With a 30-year fixed-rate loan, you'll always know your payment amount.
Veterans and active service personnel can use a VA loan to consolidate debt at a low fixed rate.
The average interest rate on credit cards is roughly 15%. On the other hand, mortgage rates are currently at 3–4%.
You have equity in your home if your home's current worth is more than your existing mortgage balance. You might be able to use this equity to refinance your current mortgage and get cash at a low-interest rate, which you might use to pay down your credit card debt.
The appraised value of your home minus the amount you still owe on your loan is your home equity.
The more equity you have, the more money you may be able to get from a cash-out refinance. Many homeowners borrow money to pay off high-interest debt or upgrade their homes. Use our refinance calculator to see if you have enough equity to reach your financial goal.
To avoid paying anything out of pocket at closing, you might include the fees of securing a new mortgage in the total refinance price. However, refinancing to get cash out or consolidate debt may result in a longer loan term or a higher interest rate, resulting in you paying more in interest over time.
To explore if refinancing your house can help you consolidate your debt, speak with a Home Loan Expert or use our refinance calculator.
Aside from the rules, it's critical to ensure that refinancing helps you achieve your financial objectives. If you want to refinance your property, consider the following factors:
Use our refinance calculator to determine if refinancing your house can help you achieve your goal.
You agree to our Terms of Service and Security and Privacy Policy by submitting your contact information. You also expressly consent to TAG Lending Group, it's Family of Companies, our partner companies, and potentially our mortgage partners contacting you about your inquiry via text message or phone (including an automatic telephone dialing system or an artificial or prerecorded voice) at the residential or cellular telephone number you provided, even if that number is on a corporate, state, or national Do Not Call Registry.
You do not have to consent to receive such calls or messages to use TAG Lending or its affiliates' services. You consent to calls being recorded and monitored if you communicate with us over the phone. You also agree that we can share your data and contact information with third parties like mortgage partners, partner companies, and affiliates and that these parties can use your data and contact information for marketing and analytic purposes and improve your experience.
Consolidate high-interest debt by refinancing with a low mortgage rate
Refinance your debt into one low-cost loan today.
With our 15-year fixed-rate mortgage, you can consolidate your debt and pay it off faster.
With a 30-year fixed-rate loan, you'll always know your payment amount.
Veterans and active service personnel can use a VA loan to consolidate debt at a low fixed rate.
The average interest rate on credit cards is roughly 15%. On the other hand, mortgage rates are currently at 3–4%.
You have equity in your home if your home's current worth is more than your existing mortgage balance. You might be able to use this equity to refinance your current mortgage and get cash at a low-interest rate, which you might use to pay down your credit card debt.
The appraised value of your home minus the amount you still owe on your loan is your home equity.
The more equity you have, the more money you may be able to get from a cash-out refinance. Many homeowners borrow money to pay off high-interest debt or upgrade their homes. Use our refinance calculator to see if you have enough equity to reach your financial goal.
To avoid paying anything out of pocket at closing, you might include the fees of securing a new mortgage in the total refinance price. However, refinancing to get cash out or consolidate debt may result in a longer loan term or a higher interest rate, resulting in you paying more in interest over time.
To explore if refinancing your house can help you consolidate your debt, speak with a Home Loan Expert or use our refinance calculator.
Aside from the rules, it's critical to ensure that refinancing helps you achieve your financial objectives. If you want to refinance your property, consider the following factors:
Use our refinance calculator to determine if refinancing your house can help you achieve your goal.
You agree to our Terms of Service and Security and Privacy Policy by submitting your contact information. You also expressly consent to TAG Lending Group, it's Family of Companies, our partner companies, and potentially our mortgage partners contacting you about your inquiry via text message or phone (including an automatic telephone dialing system or an artificial or prerecorded voice) at the residential or cellular telephone number you provided, even if that number is on a corporate, state, or national Do Not Call Registry.
You do not have to consent to receive such calls or messages to use TAG Lending or its affiliates' services. You consent to calls being recorded and monitored if you communicate with us over the phone. You also agree that we can share your data and contact information with third parties like mortgage partners, partner companies, and affiliates and that these parties can use your data and contact information for marketing and analytic purposes and improve your experience.