1. Home

     > 

  2. Glossary

     > 

  3. C

Cash-out refinance

A cash-out refinance is a refinance transaction in which the amount of money received from the new loan is more than the amount needed to repay the existing first home loan and associated refinance costs.

tella-icon

Making the home loan journey easy for you anytime, anywhere.

© Copyright 2022 Tella (New Zealand) Limited. All Rights Reserved. Powered by Tella.