cash out
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
A cash-out refinance, at a 6.5% rate, would add another $700 to $800 per month to your mortgage.
From MarketWatch
It is looking like a cash-out refinance may be our only option.
From MarketWatch
The interest payments on a cash-out refinancing are deductible if the money is used for home improvements, which is also the case for interest on a home-equity line of credit.
Corrections & Amplifications The interest payments on a cash-out refinancing are deductible if the money is used for home improvements.
In the second quarter, borrowers doing cash-out refinancings took on a rate 1.45 percentage points higher than their in-place mortgage and raised their monthly payment by $590 in order to withdraw $94,000 of cash on average.
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.