Good Morning!
30 year mortgage, or 15 year mortgage?
Here’s something to consider…
It takes 19 years and 4 months to pay your principle down by half on a 30 year amortization.
Recommended action…
If you can handle a slightly higher mortgage payment it’s a smart play to go with a 15 year mortgage!
That’s it for today!
Have a good day! …and thanks for reading.