January 14th, 2020

Is A 15 Or 30 Year Mortgage Right For You?

Is A 15 Or 30 Year Mortgage Right For You?

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When someone is looking to purchase a house, they need to think about how long they want their mortgage to last. While a bank can structure a mortgage to last for any number of years, the most common lengths are 15 and 30 years. While a 30-year mortgage is typically more affordable, a 15-year mortgage is cheaper overall.