Pros and Cons of a 15-Year Mortgage


A 15-year mortgage loan at a fixed rate will help you save a lot of money and complete your loan in 15 years. This type of loan will have monthly payments slightly higher than a 30-year mortgage loan. If your income is not consistent, then avoid this type of mortgage. Before taking a 15-year mortgage loan, you should be aware of the pros and cons of a 15-year mortgage.

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Created by drewmortgage 3 weeks 5 days ago – Made popular 3 weeks 4 days ago
Category: Finance   Tags:

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