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#17
10-10-2007, 12:17 AM
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Re: advice for first time home buyer?
[ QUOTE ]
I was always led to believe that you will save a ton if you are not paying interest for those extra 15 years. If you guys could clear this up I would be greatful. [/ QUOTE ] Yes, your are correct. See prohornblower's post. The 30 year option means paying $100K more in interest. 
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