Easy Way To Save A Ton Of Money On Your Mortgage…

By
Mortgage and Lending with Berkshire Lending, LLC

small brett pic Easy Way To Save A Ton Of Money On Your Mortgage...

Did you know it takes 19 years and 4 months to pay your principle down by half on a 30 year amortization?

If you can handle the payment on a shorter term it will save you a ton of money in the long run.

To give you an idea: A 20 year mortgage payment is roughly 25% higher than a 30 year payment. …and, a 15 year payment is about 50% higher than a 30 year payment.

If you would like to see numbers on a lower term for your specific situation please get it touch with me and I’ll be happy to get that done for you!

That’s it for today!

Have a good day today! …and thanks for reading.

Brett

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Comments (1)

John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good morning Brett.  When you see 19 years and 4 months to pay your principle down by half on a 30 year amortization it's a real eye opener!

Oct 14, 2014 11:52 PM