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Interest

Why is My Mortgage Payoff More Than The Balance on My Statement?

June 14, 2009

This is a common question posed by borrowers.  When refinancing, “why does my new lender show that I owe more on my current loan than I thought?”  It’s a good question.
Depending on who is your lender, you have either a coupon book to make your payments or you receive a statement each month with a [...]

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