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Would this be crazy???
Comments
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Agree with other posters - get a longer mortgage that lets you overpay an unlimited amount. That means if something goes wrong and you need to reduce your payments, you can just revert to the normal amount.
I had the same thoughts you did re my mortgage - wanted a 7 year term, but in the end was glad for the flexibility of 25. Still paid it off in 7, but there was the odd time (like on maternity leave) when I was glad to be able to reduce the payment.0
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