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It turns out there are actually very good reasons behind that. Today, we wanted to share with our listeners one very important reason why you may want to avoid a 15-year mortgage. is not investing.
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Good old-fashioned budgeting logic. you could lose. While our calculator shows for many it’s very tough to find savings.
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This method uses the cost of capital (think of the cost of other borrowing or the opportunity cost of investing. Alternatively, a mortgage broker can look across multiple lenders to find the best.
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