O slideshow foi denunciado.
Seu SlideShare está sendo baixado. ×

30-Year Or 15-Year Mortgage: Which Should You Choose?

Próximos SlideShares
Real estate trends in 2016
Real estate trends in 2016
Carregando em…3
×

Confira estes a seguir

1 de 1
1 de 1

30-Year Or 15-Year Mortgage: Which Should You Choose?

Baixar para ler offline

With the median household income, a 30-year mortgage allows homebuyers to purchase 46% more house, but a 15-year mortgage provides triple the paid equity in just 5 years. In general, a 15-year mortgage is a smart choice for households in housing markets where price increases have been modest, but a tougher call for households in hotter markets. If you prefer lower monthly payments, consider the 30-year option. 15-year mortgages are a great option for those wanting to build equity, regardless of how expensive or fast growing a market is.

With the median household income, a 30-year mortgage allows homebuyers to purchase 46% more house, but a 15-year mortgage provides triple the paid equity in just 5 years. In general, a 15-year mortgage is a smart choice for households in housing markets where price increases have been modest, but a tougher call for households in hotter markets. If you prefer lower monthly payments, consider the 30-year option. 15-year mortgages are a great option for those wanting to build equity, regardless of how expensive or fast growing a market is.

Mais Conteúdo rRelacionado

Livros relacionados

Gratuito durante 30 dias do Scribd

Ver tudo

×