Old Jul 23, 2012 | 06:49 PM
  #4  
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Civic2Scooby
 
Joined: Jul 2003
Posts: 28,282
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From: michigan
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I would never rent again. I have an appreciating asset for which I actually gain money at time of sale for modding it :chuckles: I am re-financing right now to a 15 year and hope to have it paid off in 10. This will save me 87k dollars in interest over a conventional 30 year. If I were to rent, I would be building no equity and for me it would be like leasing a car. Pay a bunch of money and then own nothing.
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