Are 40-year mortgages a good idea?
Smaller monthly payments are the primary advantage of adding 10 years to the traditional 30-year mortgage, but real estate experts say the shorter-term loan usually is more beneficial for the home buyer. The drawback becomes apparent simply by calculating the cost of additional interest payments, which can total thousands for a few dollars difference in mortgage payments.
Questions about A Seller's Agent Real Estate?
Ask us below or Call us Now at 843 849 7587
