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Principal and interest – A house loan repayment kind where you fork out both of those the principal and desire within your repayments.
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Your 1st dwelling can be a home, townhouse, apartment, or unit but it surely should be valued at $750,000 or a lot less, and it have to be a fresh residence – getting bought as a house for The 1st time, and below 5 years outdated.
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Mounted residence bank loan – The fascination fee is locked in at a set quantity for an agreed upon time period. Your interest rate and repayments will remain exactly the same all through that fixed interval.
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