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Old 06-12-2006, 04:11 AM
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The Budget Man The Budget Man is offline
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Default Re: Snowball mortgage?

There's an added benefit in clearing your mortgage that you may not have considered.

When you throw extra money at the mortgage you have a fallback position. If your situation changes for the worse, your debt position is better and you can ride out a difficult time far more easily.

I hope you never need this bonus.

Enjoy Your Money
The Budget Man

www.PersonalityBudgeting.com
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