mortgage refinance: How Old Will You Be In 15 years? How Old Will You Be in 30 Years? - 08/03/11 02:30 PM
Would Paying Your Mortgage Off 15 Years Earlier
Improve Your Retirement?

With mortgage rates near historic lows, now is a great time for many people to consider trading in their current 30 year mortgage, and the 20+ remaining years and save over a hundred thousand dollars in interest with a 15 year loan.


 
When you analyze the numbers, the savings can be staggering, you may have to go back and do the math a couple of times before can believe how much you can really save.

There are many benefits of a 15 year loan over … (0 comments)

mortgage refinance: Refinance to 15 Years - 09/09/10 06:38 AM
Many homeowners are deciding to take advantage of super low rates  and refinancing their current mortgage for 15-years. It's not for everyone since refinancing to a shorter term typically means making higher monthly payments. But for many people like the benefits come down to crunching the numbers and doing the math.
For one client, the shorter mortgage meant paying $500 more each month than the their 30-year-mortgage, but saving over $120,000 in interest payments. The extra payments are ok with them if they live within their means and aren't living extravagantly.
We are sensing a growing interest among some of their clients to focus … (1 comments)

 
Bill McDonald, VA, USDA, FHA Government Loans - (865) 686-8711 (Van Dyk Mortgage ) Rainmaker large

Bill McDonald

VA, USDA, FHA Government Loans - (865) 686-8711

Knoxville, TN

More about me…

Van Dyk Mortgage

Address: 57 Maple Grove Dr , Ste 202, Crossville, TN, 38555

Office: (866) 435-6553

Fax: (866) 435-6552

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