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Mortgage debt consolidation – Any interest paid on first or second mortgages over this amount is not tax deductible. home equity loans are limited to $100,000 or the amount of equity you have in your home. Our calculator limits.
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Should I Pay PMI or Take a Second Mortgage? Is property mortgage insurance (PMI) too expensive? Some home owners refinace a second low rate mortgage from another lender to bypass PMI payment requirements. Use this calculator to see if this option would save you money on your home loan.