What are the advantages and pitfalls of purchasing automobiles and homes, and the various ways to fund them.
Auto: Length of the auto loan, interest paid, lease or buy, buy a new car, pre-owned certified or used.
Home: Length of mortgage (15, 20, or 30 year mortgage), fixed interest or ARM, use a second mortgage or pay 20% down payment, or pay less 20% down and pay private mortgage insurance (PMI).
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