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Reply to "Cash out refi to invest in stock market?"
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[quote=Anonymous]What interest rate would you get, what would your percentage of equity be, monthly payment, term, years to retirement? I recently bought a house and took out $822,000 mortgage. I then sold my old house and could pay off the mortgage in full but invested in the index fund instead. So it’s similar to a cash out refinance. I have a 15-year term, 25% equity, 1.75% rate, and monthly payment is manageable. [/quote]
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