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re: Home Equity question
Posted on 8/2/13 at 12:15 pm to Lsut81
Posted on 8/2/13 at 12:15 pm to Lsut81
He'll pay less interest over the next 3 - 5 years if he has reduced the balance more than what his amortization originally called for.
I would just be concerned about putting the money into paying down the mortgage just because something else might come up.
I would just be concerned about putting the money into paying down the mortgage just because something else might come up.
This post was edited on 8/2/13 at 12:15 pm
1
Posted on 8/2/13 at 1:01 pm to Latebloomer
quote:
I would just be concerned about putting the money into paying down the mortgage just because something else might come up.
Yea, this is a good point. Maybe I could do like half/half or something.
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