If you’re thinking about buying a home with a mortgage loan, you may automatically gravitate toward a 30 year mortgage. These types of mortgage loans are, after all, the most common options for home buyers due to the low-interest rates, lower payments, longer term and other perks. There are several …
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If you’re trying to pay off your mortgage loan as quickly as possible, you might be wondering whether to make higher payments each month to get the job done. But can you pay a 30 year mortgage in 15 years? It’s possible, but in many cases it might be easier …
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One of the trickiest decisions that prospective homeowners face as they apply for a mortgage is the choice between a 15-year fixed-rate mortgage and a 30-year fixed-rate mortgage. A lower monthly payment often sways people toward choosing a 30-year mortgage. After all, your monthly bills for the next decade and …
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