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11 years into mortgage

Submitted by bmartel on September 17, 2007 - 02:06.

Julie, I am 11 yrs into my 30 yr. mortgage, which originally was 153,000.00 after putting down 70,000.00. My interest rate is 7%. I was wondering; do I now look at my mortgage as a 21 yr mortgage? Then how do I then proceed? I have 1,000.00 of discrecianary income.

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