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Here are the good and bad outcomes experts say to consider before changing theterms of your mortgage.
Ive seen buyers get excited about a home but realize their mortgage payment was stretching their budget too thin.
Disadvantages of Extending Mortgage Terms
Alonger loan termmeans paying more interest sometimes a lot more over time.
If you go this route, double-check its a trade-off youre comfortable with.
Saving money now can cost you big later.
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