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What are the benefits of consolidating debt into my mortgage?

April 26, 2017Benefits consolidating debt mortgage

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What are the benefits of consolidating debt into my mortgage?

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There are several benefits to refinance for debt consolidation. Most often by doing so it reduces you monthly mortgage payment(s), possibly increases your tax deductions by financing other needs with a mortgage (consult your tax advisor), and can eliminate and/or lower your monthly bills by consolidating all your debt onto one monthly mortgage payment.