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Example of how a 15 year home loan differs from a 30 year home loan when buying a house

from Real Estate Blog

Don't Downplay the Down Payment [Infographic]

Here is a breakdown of the monthly payments for a 30-year fixed rate mortgage at 3.8% interest on a $250,000 home based on different down payment options.


The average fixed rate 30-year mortgage, the most popular mortgage product, up slightly this week at 4.20% and the 15-year rate also up at 3.37%.


Average 30-year mortgage rate dips to 4.51%

WASHINGTON — Higher mortgage rates for 2014? Count on it. Could this be the year to check out hybrid mortgages, which haven't been popular lately? Maybe.

from Real Estate News and Advice -

30-Year Mortgage Rate Nears Lowest Level of 2014

30-Year Mortgage Rate Nears Lowest Level of 2014 contact me for a game plan