mortgage simple definition: 15 YEAR VS 30 YEAR MORTGAGE

15 YEAR VS 30 YEAR MORTGAGE

15 YEAR VS 30 YEAR MORTGAGE. 15 Year Mortgage vs. 30 Explained in Common Sense

15 YEAR VS 30 YEAR MORTGAGE video duration 11 Minute(s) 15 Second(s), published by Marko - WhiteBoard Finance on 03 12 2017 - 12:30:00.

The Informed Investor: http://bit.ly/TheInformedInvestor1 - I Reveal My $100000+ Stock Portfolio and Every Trade I Make! When comparing a 15 year vs 30 Dan and Dean finish off the show with the debate about getting a 30-year vs
a 15-year loan
Most people opt for a 30-year note because of the cash flow and .

Dan and Dean finish off the show with the debate about getting a 30-year vs
a 15-year loan
Most people opt for a 30-year note because of the cash flow and Do you know the answers to these questions when it comes to a 15-year versus a 30-year mortgage? Find a real estate agent to make you more money on the To subscribe to the show on iTunes click below: https://itunes.apple.com/us/podcast/the-wealth-without-wall-street-podcast/id1282660297?mt=2 To subscribe to .

🔥The Informed Investor: http://bit.ly/TheInformedInvestor1 - I Reveal My $100,000+ Stock Portfolio and Every Trade I Make! 🔥

When comparing a 15 year vs 30 year mortgage it's important to understand all of the factors in making this decision. Whether you are able to afford a home using either of these home loans, it is important to understand the difference between a 15 year and 30 year mortgage. There are pros and cons to each.

In my humble opinion, I prefer the 15 year mortgage because I'd rather have the peace of mind of not owning anybody anything. However, the other side to that coin is that if you opt for the 30 year mortgage, you will have lower payments, which will allow you to invest more money over those 30 years.if you're disciplined enough to stick with it.

If you invest $676 every month (the difference in payment between a 15 and 30 year mortgage) you will amazed at the amount of money you will make in the market.

Keep reading below to see a summarized outline of the video:

15 Year Mortgage Pros
- Lower interest rate (typically .25% to 1% lower than a 30 year)
- Faster pay off time period
- Build equity faster

15 Year Mortgage Cons
- Higher Monthly Payment

30 Year Mortgage Pros
- Lower Payment (buy more house than you can afford)
- Able to invest the extra money per month

30 Year Mortgage Cons
- Slower pay off time period
- Slower equity build due to slow principal pay down

_

Sign up for my FREE weekly stock picks! 😍
💌 http://bit.ly/WeeklyStockPicks

_

FOLLOW ME ON INSTAGRAM 📷
😀 @whiteboardfinance

_

Best Investing Apps 📊💸

M1 FINANCE: Invest in partial shares of your favorite stocks
📈 http://bit.ly/M1FinanceApp

QAPITAL: Automate your savings without trying
📌 http://bit.ly/QapitalApp

COINBASE: Get $10 in free Bitcoin (when you fund $100)
⭐ http://bit.ly/CoinBaseCrypto1

_

Premium Courses I’ve Created 👨🏻\u200d🔬

MJ Stock Investing Course (With Ryan Scribner)
🌲 http://bit.ly/MJStockCourse

_

Must Read Books! 📚🧠

The Best Assets vs. Liabilities Book
📘http://amzn.to/2DEWioH

How to Get Rich Slowly
📗http://amzn.to/2D41y46

The Best Mindset & Self Development Book
📗http://amzn.to/2BUMPJa

The Best Story on Personal Finance
📕 https://amzn.to/2KJKgRn

No time to read? Join Audible and get two free audio books!
❌📚https://amzn.to/2CUb79D

_

ABOUT ME 👇

My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.

This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.

Subscribe if you are interested in:
- #PersonalFinance
- #StockMarketInvesting
- #RealEstateInvesting
- #Entrepreneurship

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.