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In spite of the higher interest, your house collateral mortgage also offers John lower monthly obligations and you will doesn’t disturb his old-age deals Household collateral financing: 8.5% repaired speed, 15-12 months title, $494 payment per month 401(k) loan: nine.5% fixed rates, 5-seasons identity, $step one,049 payment Yet not, the new 401(k) financing is reduced […]

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