Mortgage Blog

November 18th, 2011 10:41 AM
Because payments in a 15-year scenario are amortized over half the length of a 30-Year Fixed Rate loan, the monthly payments will be significantly higher in comparison. This is an important factor to consider before committing to a 15-year loan. However, the interest rate on a 15-Year Fixed Rate loan will be lower for the same reason - financing for 15 years costs much less than financing for 30 years. Read on...15-Year Fixed Rate Loans
Posted by Peter Boyle on November 18th, 2011 10:41 AMPost a Comment (0)
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:


Summit Mortgage Corporation #1041 13355 10th Ave N Suite 100 Plymouth, MN 55441
Phone: Fax:

Copyright © 2012 Summit Mortgage Corporation #1041
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map