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Gabriel Garces

Answers by Gabriel Garces

1 answers · 5 pts

Why is a 15-year fixed rate mortgage better than a 30 year?

Asked by Kayla | Portland, OR | 04-10-2024

Gabriel Garces
Gabriel Garces04-23-2024 (1 year ago)

Take the 30 Year Mortgage for lower monthly payments. It makes it easier to qualify for the mortgage. You can always make extra payments if you want, but now you always have the comfort of a lower payment in case money gets tight.