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Originally Posted by pr_capone
If we pull the trigger we will be making payments of $100 or so less per month but that will be on a 15 year term instead of the 30 year term we are currently under with this house that we are living in right now. Since we will no longer be making payments to the CCs, we should be able to make a substancial additional payment per month which should have this house paid off in 7 years or so.
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Another Dave Ramsey "follower" I see.
Dave teaches us good.