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without doing the math, I'm guessing your pmts will go up. Why would you want that? You can make extra pmts to shorten the time frame. 1 extra pmt per year on a 30 yr note brings it down to 22 yrs. Also, you could pay semi-monthly (2 pmts per mo) and cut it another 5 yrs or so. You never know if you'll need that extra $ and anything less than 8% long term is better used investing in other places.
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