In the News

Title

Choosing a 15-year Mortgage Can Save You Thousands of Dollars

Document Type

Article

Publication Date

5-14-2015

Abstract

Matt DeMargel and his wife, Misti, never considered obtaining a 30-year mortgage, because the amount of interest they would pay would equate to 60% of the cost of their house. Instead, the public relations executive opted for a 15-year mortgage when he bought a 2,542-square foot home in Kingwood, Texas, a suburb of Houston.

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