granderson1111 granderson1111

06-07-2017
Mathematics

contestada

Why might it be important to get a lower interest rate on a mortgage

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musiclover10045 musiclover10045

06-07-2017

a lower interest rate means the monthly payment will be lower and the overall amount of money you pay back will be less.

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TheBlueFox TheBlueFox

04-12-2019

It is important to get a lower interest rate on a mortgage because it means that you pay less interest over time. A lower interest rate also allows you to prepay a mortgage, which can save you lots of money over the term of the loan.

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