shorter term home loans: Take Charge of your Financial Future with Shorter Length Home Loans
- 10/01/14 05:25 AM
Take charge of your financial future with shorter length home loans
With everything that goes into purchasing a home, many people overlook one very important financial tool. If they would take some time to compare payments on fifteen year and thirty years; they may be very surprised that the payments sometimes are not a large difference. And, the cost savings can be huge.
Let’s use an example of a $225,000 purchase price and a $180,000 loan amount using a conventional loan. With a credit score of 720, in today’s market, the rates are 4.5% for 30 years and 3.75% for 15 … (4 comments)
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Take charge of your financial future with shorter length home loans
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