Deciding on a loan term can feel overwhelming, and the 30-year mortgage remains a frequently chosen option for many individuals purchasing property. It’s true that these loans often feature more manageable monthly payments compared to less lengthy alternatives, making homeownership appear more realistic. However, this benefit comes with a conside
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Deciding on a loan term can feel overwhelming, and the 30-year mortgage remains a common option for many potential homeowners. It’s true that these financing arrangements often feature lower monthly payments compared to less lengthy alternatives, making owning a home appear more attainable. However, this benefit comes with a significant drawback:
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