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Money and Finances
Reply to "Paying down a mortgage - not a debate about whether it makes sense"
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[quote=Anonymous]For every person who got rich as a result of leverage, there is another person that ended up poor. Many of are not looking to gamble, we are looking for stability. Back to OP's question, a 15 year is the best way as it imposes a discipline and gets you a lower rate. Seeing a big chunk of principal paid off every month right from the start is very satisfying, and very different from the 30 year ones where you are mainly paying interest at first.[/quote]
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