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Pay off your mortgage early - It is the dream of most homeowners to pay off their mortgage as soon as possible. Paying off your mortgage will give you a great sense of security and freedom. However, homeowners should be cautious when attempting to pay off their mortgage early. Yo...

What is an interest only loan - What is an Interest-Only Mortgage?Interest-only payments do not contain principal. Many of the interest-only mortgages available today feature an option for interest-only payments. Here is an example: $200,000 loan, bearing interest at 6.5%. Amortiz...

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