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In my opinion, yes if you can. This will bring down the balance so in 2007 when you do try to sell, you will owe less. Especially if you did not have a downpayment in the first place or you have a 2nd mortgage on the house. Some neighborhoods do not appreciate as much or as fast as others so the lower balance will also help you when you sell. Now on the other side of the coin, if you do not pay the extra--and you did finance 100%, you may not get as much as you want or need to sell the house. Which means you might be coming to your closing with money instead of leaving with money.

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19y ago

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