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I have refinanced from 30 year fixed 3.875% to a 15 year fixed at 2.5%. My payment went up by $600/Month, but the initial amount goes to principal increased by $920/Month. Basically saying I am putting $600 every month in the house and getting $320 for that investment (53% rate of return). I don't think any investment ...more
1/9/2013
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