# Cash-Out Refinancing for Card Debt – It Works Only If You Stop Charging

- Source: Money Crashers
- Published: 2026-10-19T12:15:00+00:00
- Category: Local
- Original: https://www.moneycrashers.com/cash-out-refinance-card-debt/
- Canonical: https://groundlevelnews.com/story/cash-out-refinancing-for-card-debt-it-works-only-if-you-stop-charging-903c81/

Paying off $30,000 of card debt at 24% over five years costs about $22,000 in interest, and the same five-year payoff at a 7% mortgage rate costs about $5,600, by our math. Leave that $30,000 in the mortgage for the... Source

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