30-Year vs. 40-Year Mortgage: Which Is Right for You? | #realestate #mortgage #loanofficer #buyincalifornia30-Year vs. 40-Year Mortgage: Which Is Right for You? | #realestate #mortgage #loanofficer #buyincalifornia
30-Year vs. 40-Year mortgage impacts monthly payments and total interest paid significantly. Monthly Payment Comparison $350K mortgage at 7.25%: – 30-Year: $2,388/month – 40-Year: $2,238/month – Difference: $150/month [...]