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Demystifying Mortgage Amortization: Just how Mortgage payments Pay-off Mortgage loans What exactly is a 30-12 months repaired rates home loan? A thirty-seasons fixed price mortgage is a kind of financial into the that the interest rate remains a comparable into life of the mortgage, usually three decades. A fixed rates mortgage also provides stability, as the payment continues to be the same, regardless of if interest levels rise in tomorrow. Like all mortgage loans, fixed speed mortgage loans is amortized, […]