You are right that mortgage term varies from 1 to 5 years. However, mortgage amortization period ( 20 yrs, 25 yrs) affects on your monthly payment, and significantly on total interests paid.

alan01 (alan01)

2002-2-22 -04:00

回到话题: Rolia DXs: I wanna buy a house. I'm a first time home buyer. I know that most people choose 25 years mortgage. But I wanna choose 20 years mortgage. Is there someone sharing the same choice with me?

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