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rates these days aren't as they used to be. i have two loans..one on 15 year house loan and i'm getting 5.75 and on my business loan 30 year i'm getting like 6.9 which is super nice for a business loan..
So yeah i'd say for 7.5 is a bit high especially since its going to be variable after the 2 years!!! .. but it all comes down to what you think, if you think you got a good deal.. then it is all good!!
-enes
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