Home refinance debt consolidatings

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• Loan fees – will the interest savings overcome the cost of refinancing?• Longevity – will you be in your home for the next 5 to 15 years?If you don't have the funds to pay for the expenses that arise from these situations, a personal loan or credit card can seem like a good option.Unfortunately, taking on additional debt is not always manageable.

Every situation is different, but there are some general guidelines to follow.

Instead of paying off multiple debts, you pay off all of your debts with one home loan repayment each month.

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