5 Year Fix Loan – Why You Should Consider Going for One
What are 5-year Fixed Loans? A 5 year fix loan is typically a 30 or 25-year amortized loans that is ‘due’ in 5 years. The 5 years is usually an indicator of how long the interest rate will be fixed for. After 5 years, the 5 year fixed loan shifts into a variable rate that …
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