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    Friend Aged 47 Wants 1 house paid off Before Retirement - IP or PPOR ?

    The mechanics of this is easy. 1) Save or borrow $30k. 2) Get a home loan for the remaining cost on 20 year terms. 3) Pay the monthly minimum, and in 20 years it will be paid off. Doesn't necessarily improve real wealth much (although the home will get some CH along the way), but as has...
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