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For example mortgages often have five-year terms but. While both loan types have similar interest rate profiles the 15-year loan. Mortgage calculator results are based upon conventional program guidelines.
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Amortization Period - The actual number of years it will take to repay a mortgage loan in full. Interest can add tens of thousands of dollars to the total cost you repay and in the early years of your loan the majority of your payment will be interest. Further review by a professional is necessary to obtain exact and.
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