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Question for retirees. As an early retiree, I'm thinking of buying a new house towards the end of next year. I prefer not to pay cash, and I can borrow from my margin account at the rate of 4.75%. My goal would be to pay off in 5 years or less.

Should I borrow from my own margin account where the rate could go up, or should I finance 15 or 30 years and find a loan that allows payahead.

The kicker here is that I've never tried to buy a house without a job before and I've no idea what the criteria is for a retiree.



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