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Old 02-08-2006, 12:42 PM
Mr. Now Mr. Now is offline
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Join Date: Jun 2004
Location: The Present
Posts: 1,953
Default Re: Pay off car or buy house?

OK, just keep in mind the biggest factor in total return is the price you originally pay for the asset. There may be an opportunity to save/gain 5 or 10 percent of the total purchase price here. Say it's 10 percent. OK. This might have the effect of returning you 50% appreciation on your 20% down payment, less closing costs. That might be worth considering.
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