I’ve a fixed mortgage at 6%, bal due 115k & var rate home equity, bal due is 36k. Time to combine & re-fi?
May 24, 2010 by
Filed under home equity rates
How does doing a cashout refi or home equity loan affect AMT risk?
March 26, 2010 by
Filed under home equity loan
We will be remodeling/adding on to our home and want to do a cashout on the first mortgage (of around $60,000) and then do a 2nd (Equity loan) for the rest…does doing this put us at greater risk for having to pay AMT taxes and if so, in what way (which lines in the 1040 [...]