or a biweekly mortgage: 15-Year, 30-Year, or a Biweekly Mortgage? - 12/14/07 10:39 PM
15-Year, 30-Year, or a Biweekly Mortgage? In the past, the 30-year, fixed-rate mortgage was the standard choice for most homebuyers. Today, however, lenders offer a wide array of loan types in varying lengths--including 15, 20, 30 and even 40-year mortgages.
Deciding what length is best for you should be based on several factors including: your purchasing power, your anticipated future income and how disciplined you want to be about paying off the mortgage.
What are the benefits of a shorter loan term?Some homeowners choose fixed-rate loans that are less than 30 years in order to save money by paying less interest … (0 comments)

 

Our Home Team

Maple Grove, MN

More about me…

Our Home Real Estate

Office Phone: (763) 443-6680

Cell Phone: (612) 750-6554

Email Me



Links

Archives

RSS 2.0 Feed for this blog