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Which is better: 15- or 30- year loan term?
Shorter term
Longer term
Interest rate
%
%
Loan amount
$
$
Term (years)
Discount points
%
%
Origination fee
%
%
Upfront costs
$
$
Your state + federal tax rate
%
Purchase price
$
Yearly property tax
$
Yearly property insurance
$
Years before you sell or pay off loan
Your savings rate
%
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