Archive | Prepaying VS. 15-Year Mortgages RSS feed for this section

Prepaying VS. 15-Year Mortgages

7. November 2009

Comments Off

A mortgage that has grown in popularity is the 15-year mortgage. Fifteen-year mortgages are an excellent way of reducing your interest costs. There is a misconception by some people that the monthly payment of a 15-year mortgage would be twice as much as the 30-year mortgage. Not true at all! Instead of the $1,498.88 monthly [...]

Continue reading...