Over 60% of investors say the 50-year mortgage is a bad idea—and the math explains why. Yes, the monthly payment looks cheaper. But when you compare a 15-year, 30-year, and 50-year loan on the same $300K home, the long-term cost explodes. Slower equity, massive interest paid, harder exits, and less flexibility to refinance. Lower payment today doesn’t always mean a better deal tomorrow. Visit https://get.biggerpockets.com/pulse/ to learn more! | BiggerPockets
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Divide Your Monthly Mortgage Payment By 2, And start paying it every 2 weeks (Bi-Weekly). This can be done by changing the payment frequency from Monthly to Accelerated Bi-weekly. Comment "Payoff" to save interest and become mortgage-free early. #mortgage #homebuying #Canada | Canadian Financial Literacy
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88 reactions · 36 comments | Is your mortgage payment too high? Odds are you could cut your monthly payment by refinancing with Rocket Mortgage. Tap your mortgage balance below to see if you could calculate a new monthly mortgage payment. | Rocket | Facebook
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