Tag Archives: 15 yr mortgage

The 15-year mortgage: Pros and cons of this home loan option

16 Nov
15 yr Home Mortgage

A 15-year mortgage is a great way to pay off your mortgage in half the time while also saving yourself tens of thousands of dollars in interest payments. The downside to the shorter mortgage is the fact that your mortgage payment will most likely be close to 50 percent higher than a 30-year mortgage. Roughly […]