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When I refinanced they let me pick a term of a 27 years, of course it was at the 30 year rate. There is no advantage to doing this versus just automatically ove
by bonton89 3y ago
When I refinanced they let me pick a term of a 27 years, of course it was at the 30 year rate. There is no advantage to doing this versus just automatically overpaying the mortgage every month to tune in the target payoff date.
- psunavy03 3y agoA 15-year loan is a standard term, with rates that are usually different from a 30-year.