09:41 01 August 2013
Mortgage loan is undoubtedly one of the biggest debts that anybody can take out. Usually, it takes an individual 25-30 years to pay this loan. However, there are some things that you can do to save money.
Also, this will reduce the loan term significantly. If you pay 40per cent down payment, you are also more likely to qualify for the lowest interest rate available in the market.
As a result, you’ll be able to reduce the interest or you’ll be able to shorten the loan term.
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