How much can I cash out when refinancing?

On a primary residence you can typically cash out up to 80% of the home's value, leaving 20% equity. VA cash-outs can sometimes go higher; investment properties are usually capped at 75%.

On a $500,000 home with a $250,000 balance, an 80% cash-out could free roughly $150,000. We'll calculate your maximum cash-out and the resulting payment.

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