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<blockquote data-quote="icengineer" data-source="post: 1311774" data-attributes="member: 8141"><p>I don't recall. I need to check on that. But If I am understanding correctly even if it was a percentage point or so higher it was still going to save you money. I think the mortgage interest is compounded whereas the HELOC was simple interest. I'm not a numbers person and this is all greek to me but I'm trying!:thumb:</p></blockquote><p></p>
[QUOTE="icengineer, post: 1311774, member: 8141"] I don't recall. I need to check on that. But If I am understanding correctly even if it was a percentage point or so higher it was still going to save you money. I think the mortgage interest is compounded whereas the HELOC was simple interest. I'm not a numbers person and this is all greek to me but I'm trying!:thumb: [/QUOTE]
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