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Hugh R Hugh R is offline
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Join Date: May 2003
Location: southern California
Posts: 26,964
Don't go back to a 30 year, you'll begin paying lots of interest again. You pay interest at the beginning of the loan, and principal at the end. If you have say a 30 with 25 left to go, go with a 20 or 25. Otherwise, you'll just be paying lots of interest.
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Hugh
Old 01-08-2009, 07:11 PM
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