You have two options for a mortgage loan: $100,000for 30 years with 8% interest or $100,000 for 15years with 6% interest. Which loan would you pre?fer?

You have two options for a mortgage loan: $100,000for 30 years with 8% interest or $100,000 for 15years with 6% interest. Which loan would you pre?fer? Which conditions will you consider to make yourdecision?

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You have two options for a mortgage loan: $100,000for 30 years with 8% interest or $100,000 for 15years with 6% interest. Which loan would you pre?fer?
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