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Montana Fixed Rate Note, Installment Payments Secured Commercial Property  Form

Montana Fixed Rate Note, Installment Payments Secured Commercial Property Form

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Instructions and help about Montana Fixed Rate Note, Installment Payments Secured Commercial Property

did you know you might be charged only 3 months of interest if you break your fixed rate mortgage within the first 6 months of signing definitely check with your lender to see if this applies but this can definitely make a lot of sense if you got a mortgage within the past few months because fixed rates have come down quite substantially here's just some rough math to show you how it works if you kept a 3-year fixed rate at 6.3% which was what you would have gotten a few months ago you would have paid a total interest of $95,000 over a three-year period now if you break the mortgage and then refinance at the current three-year fixed rate of 5.04% you end up saving around $110,000

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