Michigan Mortgage Lender | Kirby and Angie | Arch Mortgage - North
Consolidate High-Interest Debt with a Cash-Out Refinance in Michigan
Credit cards at 20%+? A cash-out refinance can simplify to one payment and potentially lower your overall cost. We’ll show you the math—side by side.
What You’ll Get:
Snapshot of your current debts (rates/balances)
Cash-out options with estimated payment and total interest comparison
Clear break-even and “do-nothing” benchmark so you can decide confidently
Run My Savings Scenarios Start My Cash-Out
Refinancing to consolidate debt may increase total interest paid depending on term and rate. We’ll show both views.
FAQ:
Can I keep some cash for projects? Often yes.
Will this hurt my credit? Many see improvement when high-utilization card balances are paid off.
Do I need perfect credit? No—let’s review options.