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Detached Member
Join Date: May 2003
Location: southern California
Posts: 26,964
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When I refinanced a few years ago, I went from 25 years on my loan to 15, that ten years is about $350,000 that isn't leaving my wallet. Sure I could have put those additional funds in the market instead, but the fact is that I, or my wife, would have probably spent it on other things. Also, when its paid off, is a few years before I hope to retire.
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Hugh
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