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mahan1994 mahan1994
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A year ago
Compared with a 15-year mortgage at the same rate of interest, a 30-year mortgage will

▸ require payment of a mortgage insurance premium.

▸ result in more principal being repaid over the life of the loan.

▸ require a lower monthly payment.

▸ result in less interest being paid over the life of the loan.
Textbook 
Personal Finance

Personal Finance


Edition: 2nd
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Kmc14Kmc14
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A year ago
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