Total Cost Of Credit vs Monthly Payments

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Total Cost Of Credit vs Monthly Payments
(presented by www.refinance-refinance.net - mortgage lenders)

By David Wilding

I read a press release the other day which points to the fact we need to be very careful with our finances. The subject of the release was home mortgages. A company was announcing the availability of 40 year mortgages for its customers. The stated purpose was to lower the monthly payments to make buying a home more affordable.

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