Is It Possible to Spend Less Than 25% On Housing?
Money Guy Show
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How to Deal With a Mortgage Downsizing Problem
Casey: What should I do if I am just over 25% of the 25% guideline on an existing mortgage downsizing seems a bit expensive? Casey: It depends on what just over means. You need to figure out what that cost of the unwinding process would be. If you're stuck, now you got to start looking at what's the cost of the transaction to unwind this.
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