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2. Should you pay off your mortgage before a recession? - AOL

   www.aol.com/finance/pay-off-mortgage-recession...

   While interest rates today are higher than they were in 2020 and 2021, compared to other types of debt, the long-term nature of a mortgage can be an asset to your financial health.

3. How interest rate changes affect debt - AOL

   www.aol.com/finance/interest-rate-changes-affect...

   Most consumers have a mix of fixed-rate debt and variable-rate debt. When your rate is fixed, it stays the same, and you pay the same monthly amount. Variable-rate debts come with possible payment ...

4. Good debt vs. bad debt: How different debts affect your finances

   www.aol.com/finance/good-debt-vs-bad-debt...

   Good debt vs. bad debt. Good debt and bad debt are distinguished by whether the cost being financed could increase in value. Good debt. Mortgage. School loan. Real estate loan. Business loan. Bad debt

5. So you think fixed-rate mortgage payments won’t ever go up ...

   www.aol.com/think-fixed-rate-mortgage-payments...

   More than a third of the 1,000 respondents with fixed-rate mortgages think their payments can never change, and more than half who experienced an increase in their monthly payments were surprised ...

6. Bad debt - Wikipedia

   en.wikipedia.org/wiki/Bad_debt

   In finance, bad debt, occasionally called uncollectible accounts expense, is a monetary amount owed to a creditor that is unlikely to be paid and for which the creditor is not willing to take action to collect for various reasons, often due to the debtor not having the money to pay, for example due to a company going into liquidation or insolvency.

7. What are the monthly payments on a $300,000 mortgage? - AOL

   www.aol.com/finance/300000-mortgage-payment...

   Assuming a 30-year fixed-rate mortgage at 6.5% interest, including estimated property taxes and insurance, the payment on a $300,000 mortgage would be around $2,160 a month.