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How Do Mortgage Interest Rates Affect Your Monthly Payment?

How Do Mortgage Interest Rates Affect Your Monthly Payment?

by UpDwell Homes | Sep 15, 2015 | Home Financing, Mortgage Qualifying, New Homes in Utah

Just how important is the interest rate you receive when getting a new mortgage loan in Utah? Because your monthly mortgage payment includes both the monthly interest you owe on your outstanding loan balance and a portion of the principal itself, the interest rate on...

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