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Choosing the best mortgage - Apr. 22, 2004With a 15-year fixed rate at 5.94 percent, your monthly payment would be $1681. The interest you pay over the life of your loan would total $102623, ...

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Fixed- vs Adjustable-RateFixed-Rate or Adjustable-Rate Loans? Mortgages are available in different combinations of rates and terms. ... Refinance Payment Calculator. Fixed- vs. Adjustable-Rate Loans ...

Fixed-Rate vs Adjustable Rate vs Balloon MortgagesNovember 11, 2001. "My broker has offered me the following 6% loans: a 30-year fixed-rate at 1.125 points; a 7/1 ARM at 1 point; a 7-year balloon at 0.375 points; a 5/1 ARM at .875 points; and a 5-year balloon at 0 points. ... out the 15-year fixed-rate mortgage (FRM), perhaps because ... than the 30-year fixed. From a price and ...

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Fixed Rate MortgagesWith a fixed-rate mortgage, your monthly payments remain the same ... Of allfixed-rate mortgages, the 30-year option offers the lowest monthly payments. ...
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