Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho November 19, 2019

3 Positive Reasons To Get A 15-Year Mortgage

Most people can't pay for a home outright, so they finance it with a mortgage loan. 30-year mortgages are more conventional, but they also come with a significant interest price tag. People who have a stable career and the income to afford larger payments, or who are nearing retirement, may want to take out a 15-year mortgage. Here are some reasons to consider one. Save Money Over The Life Of The Loan The total interest paid on a 30-year loan can be nearly as much as the principal. While it can … [Read more...]

Filed Under: Mortgage Tagged With: Equity, Mortgage, Savings

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