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Topic | What's the justification for paying (Mortgage) interest up front? |
ShatteredElysium 04/01/21 1:00:31 PM #8: | It isn't just the interest that is the shitty part. It's the taxes and required homeowners insurance too. I think my mortgage when I first got it was like 25% principal / 38% taxes + insurance / 37% interest. It's only become more skewed towards taxes and insurance now that I've gotten a lower interest rate too ... Copied to Clipboard! |
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