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Updated about 5 years ago,
Pay off a $25,000, 4.5% loan or put it to a $75,000, 5.5% loan
Should I pay off a $25,000, 4.5% loan or put the money towards a $75,000, 5.5% loan. I don’t have the time to buy another property at this time and am focusing more on paying down mortgages.