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High Value Mortgage @ 40 Yrs vs Lower Value Mortgage @ 15 Yrs?
High Value Mortgage @ 40 Yrs vs Lower Value Mortgage @ 15 Yrs? For some background, I am looking at getting my first home and am fortunate enough to have access to a private loan of 40 years at a 4.5% interest rate. My wife and I are high income earners, making around 350k combined. Due to working in healthcare our jobs are quite stable and we have no reason to expect our jobs would require us to relocate a...
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