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this post was submitted on 15 Sep 2023
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Asklemmy
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Our mortgage brokers, we had a broker that told us it would be best to go with variable because you always end up paying less. We had a choice between 1.35% variable or 2.05% fixed. We had 1.35% for 2 months and it is 6.1% now. We could be putting so much against our principal but instead we are paying 3k+ in interest and 1200 in principal.