Choosing a 15-year Mortgage Can Save You Thousands of Dollars
Craig W. Lemoine
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.
Chang, Ellen, "Choosing a 15-year Mortgage Can Save You Thousands of Dollars" (2015). In the News. 665.