15 YEAR VS 30 YEAR MORTGAGE. 15 Year Fixed Mortgage Rates - Reduce Your VA Loan Term and Win Big!
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 How you can leverage debt to create massive Wealth if you know what to do! See visual comparisons of prominent theories that don't pencil out and see the .
In today's episode you'll learn about a 15 year vs 30 year mortgage! With all the excitement of buying a house, it's often overlooked by most home buyers that Should you be considering a 15-year mortgage in this historically low rate environment? Learn more at https://myperfectmortgage.com Pros and Cons of a 15 This video and its contents are not intended for residents or homeowners in the states of MA, NY or WA
15 Year Fixed Mortgage Rates - Reduce Your VA Loan .
🔥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
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Other Video about 15 YEAR VS 30 YEAR MORTGAGE:
Pros and Cons of a 15 year Mortgage
Should you be considering a 15-year mortgage in this historically low rate environment? Learn more at https://myperfectmortgage.com Pros and Cons of a 15 .
15 Year Fixed Mortgage Rates - Reduce Your VA Loan Term and Win Big!
This video and its contents are not intended for residents or homeowners in the states of MA, NY or WA15 Year Fixed Mortgage Rates - Reduce Your VA Loan .
Dave Ramsey was WRONG about getting a 15 year Mortgage: Here are the numbers
How you can leverage debt to create massive Wealth if you know what to do! See visual comparisons of prominent theories that don't pencil out and see the .
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