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Someone Explain to Me If This is a Bad Idea, Please
Someone Explain to Me If This is a Bad Idea, Please Quick background: Getting divorced, buying the wife out of her share of the house with a HELOC. Today I got a quote of paying $1189 per month on a fixed loan for $120,000 (the amount I need to pay my wife). But I'm considering adding an additional $10,000 to that loan, which would make my monthly payment $1288, because I worry a lot about money ...
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