This One Choice Can Add Hundreds to Your Mortgage Payment -- but It Can Sometimes Be a Good Move

This One Choice Can Add Hundreds to Your Mortgage Payment -- but It Can Sometimes Be a Good Move
·3 min read

When you get a home loan, you are going to have to make some important choices. The decision that would make your mortgage payments cost much more each month is to take a 15-year loan instead of a 30-year loan. A 15-year mortgage has a much lower interest rate than a 30-year loan and it can cost you a lot less over time.