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mash [69]
3 years ago
14

John would like to move from the city into the suburbs and has been saving up a large down payment for a home. Which is the most

cost effective way for John to buy a house in the suburbs?
Computers and Technology
1 answer:
solong [7]3 years ago
7 0
Strictly cost effective would be to pay cash for the house. Second most cost effective would be a very short term mortgage, less that 5.5 years which is the point where long term loans become equal amounts interest and principle.
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