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Wednesday, April 30, 2014

Renting vs.Owning


Renting means to rent something and owning means to own something or the product belongs to you.
A mortgage is a type of loan that is used to finance a purchase of real estate.Fixed Rate =Interest fixed for the period of the loan usually 15 or 30 years.Balloon payment loan has low interest rates with big payment at the end.I will always make my mortgage paymentI will buy instead of leasing.


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