So I wanted to see what this community thinks! My daughter and her husband are taking out a 300k loan and want to do a 15 year mortgage instead of 30 year. They’ll be paying over 4k a month. They say the interest rate will be lower and they can pay it off faster, even though they plan on being there less than 5 years. I think they’d be better off with a 30 year, and investing the difference. Would love to see what all the smart investors in this site think!! TIA.
Submitted October 27, 2023 at 12:46AM by Justamom908 https://ift.tt/MdwtCj4
