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We have a $600,000 split loan consisting of a $400,000 fixed rate loan at 3.93% and the other $200,000 variable rate at 3.85% (comparison rate
We have a $600,000 split loan consisting of a $400,000 fixed rate loan at 3.93% and the other $200,000 variable rate at 3.85% (comparison rate is 4.27%)
Should we increase the amount of the fixed rate loan so as to reduce our exposure to interest rate variations? (include pros and cons)
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