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You decide to buy a 1,800,000 home. If you make a 25% down payment, you can get a 20-year mortgage at 9%, but if you
You decide to buy a 1,800,000 home. If you make a 25% down payment, you can get a 20-year mortgage at 9%, but if you can make a 10% down payment, you can get a 25-year mortgage at 7%. Which one is better for you?
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