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Originally Posted by charlieo1126@gmail.com
to pay cash ,why tie up your money with such low interest rates, put 20% down let the home rise in value and leave the other money to invest in whatever savings.vehicle you choose
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Interest has nothing to do with principal. So you payment little lower, but that don’t equate to principal. Why do you think they want people to refinance every time interest rate drops. ????? Wait for it??? So you start over paying principal where the money is made.