Apple Valley Ohio Lake Community by Sam Miller

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Is a 15 Year Mortgage better than a 30 Year Mortgage?

Choosing between a 15 year and a 30 year home loan can be a tough decisiion for some because there seems to be a lot of people advising one over the other.  The challenge is that there isn't a right or wrong answer in most cases because our finances and personal income are unique to each of us.  However, there are some financial considerations to think about before you lock yourself into a 15 year mortgage.  If you are not sure which loan term is best for you, take a couple of minutes and watch this video for a slightly different point of view.

Are you thinking about making a move into one of our Knox County Ohio communities?  Contact The Sam Miller Team of REMAX Stars Realty 740-397-7800 KnoxCountyOhio.com

 

Comment balloon 2 commentsSam Miller • April 10 2018 12:44PM

Comments

Hello Sam, this is interesting and if I was to purchase a home that was not real expensive I would go with the 15 year because I could pay it off faster and pay less interest for it.

Hope you had a wonderful Memorial Day 2018 and ... 

wrote a new post about reaching out to ActiveRain members that are following me at the AR network, your name showed up #176 on my list ;o)

Please not: The number order has nothing to do with who's my favorite, I am going from the first page of followers and I am on page 44 and there approx 15+ members per page.

 

Posted by Robert Vegas Bob Swetz over 1 year ago

Hi Robert, I totally get your position and for a lot of people who are financially discplined...that is a faster way to build equity.  Happy Selling!!!  Sam

Posted by Sam Miller, Knox County Ohio Real Estate Specialist (RE/MAX Stars Realty) over 1 year ago

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