mortgage simple definition: 30-Year or 15-Year Mortgage? It Depends

30-Year or 15-Year Mortgage? It Depends

30-Year or 15-Year Mortgage? It Depends. 15 year vs. 30 year? Which mortgage is right for you?

30-Year or 15-Year Mortgage? It Depends video duration 38 Second(s), published by Gretchen Conley on 26 02 2019 - 19:26:49.

30-Year or 15-Year Mortgage? It Depends http://bit.ly/30or15 Affordability, stability, and flexibility are the three reasons homebuyers overwhelmingly choose a Refinance example explained going from a 30 year to a 15 year mortgage
There can be great benefits and interest savings by selecting a 15 year mortgage .

Mallory Strotheide is a lender with Treadstone Funding in Grand Rapids
Mallory Ann Strotheide NMLS 177925 Office (616) 774-9160 ext
55121 Cell (517) Here are three things to consider when choosing between a 30-year fixed rate mortgage and a 15-year fixed rate mortgage on an investment property: 1 A 15-yr mortgage can mean a larger payment but you will pay off your debt quicker
A 30-yr mortgage can mean a lower payment allowing you to use the .

30-Year or 15-Year Mortgage? It Depends
http://bit.ly/30or15
Affordability, stability, and flexibility are the three reasons homebuyers overwhelmingly choose a 30-year term. The payments are lower, easier to qualify for the mortgage and they can always make additional principal contributions.

However, for those who can afford a higher payment and commit to the 15-year term, there are three additional reasons: lower mortgage interest rate, build equity faster and retire the debt sooner.

Get the details before you buy your next home
http://bit.ly/30or15