Answering Common Borrower Questions: What’s the Difference Between a 15-Year vs 30-Year Mortgage Loan?

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A Borrower-Friendly Explanation.   Helping borrowers determine the right mortgage loan term can be tricky. Would they prefer to pay less overall, even if that means committing to higher monthly payments? Or are they content paying more, in the long run, to secure a home with a higher price tag?   Determining whether they prefer a 15-year or 30-year mortgage … Read More