Nevada Cash-Out Refinance Calculator

Most conventional lenders allow you to borrow up to 80% of your Nevada home's value with a cash-out refinance. This means you need at least 20% equity remaining after taking cash out.

Example for Las Vegas: If your home is worth $500,000, you can borrow up to $400,000 (80% LTV). If you owe $300,000, you could access up to $100,000 in cash (minus closing costs).

FHA cash-out refinance allows up to 80% LTV, and VA cash-out can go up to 90-100% LTV for qualified veterans. Apply now to see your maximum cash-out amount.

Cash-out refinance rates are typically 0.25% to 0.50% higher than standard rate-and-term refinance rates because they're considered slightly higher risk.

As of January 2026, average cash-out refi rates in Nevada:

• 30-year fixed: 6.75% - 7.25% APR
• 15-year fixed: 6.00% - 6.50% APR
• FHA cash-out: 6.50% - 7.00% APR
• VA cash-out (IRRRL): 6.25% - 6.75% APR

Rates vary based on credit score, LTV, and property location. View current Nevada mortgage rates.

Typical closing costs for a Nevada cash-out refinance range from 2% to 5% of the new loan amount. On a $400,000 cash-out refi, expect $8,000 to $20,000 in closing costs.

Nevada closing costs include:

• Appraisal fee: $500 - $800
• Origination/lender fees: 0.5% - 1% of loan amount
• Title insurance and search: $1,000 - $3,000
• Recording fees (Clark County): $100 - $300
• Credit report: $25 - $75
• Escrow/attorney fees: $500 - $1,500

You can roll closing costs into your new loan or pay them upfront. Contact us for a personalized Nevada closing cost estimate.

It depends on your situation. Here's a comparison for Nevada homeowners:

Read our complete Nevada cash-out vs HELOC comparison guide.

A cash-out refinance in Nevada typically takes 30 to 45 days from application to closing. Timeline breakdown:

• 1
  Application & Pre-Approval (1-3 days):

  Submit your Nevada cash-out refi application and get initial approval

• 2
  Home Appraisal (7-14 days):

  Nevada appraiser assesses your home value to determine max cash-out amount

• 3
  Underwriting (7-14 days):

  Lender reviews your financials and confirms final approval

• 4
  Closing (1 day):

  Sign documents at Nevada escrow office and receive your cash

Nevada-specific note: Clark County and Washoe County processing times are similar, but rural counties may take slightly longer. Start your Nevada cash-out refi application today.

No, the cash you receive from a cash-out refinance is NOT taxable income. You're borrowing against your home equity, not earning income, so the IRS does not tax the cash proceeds.

However, mortgage interest deductibility depends on how you use the money:

• Tax-Deductible Uses: Interest is deductible if used to buy, build, or substantially improve your Nevada home (up to $750,000 loan limit for married filing jointly)
• Not Tax-Deductible: Interest is NOT deductible if used for debt consolidation, car purchases, vacations, or other personal expenses

Important: This is general information only. Consult a Nevada tax professional or CPA about your specific situation and how cash-out refinance affects your taxes.