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What's The Difference Between a 15-Year & 30-Year, Fixed Rate Mortgage?

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Uploaded by on Feb 1, 2010

http://www.freefamilyfinance.com/ Rob @ fff looks at the differences between the two most popular mortgage types.

Sure one is 15 years longer than the other, but do you know the 3 other significant factors that you should consider when weighing your options? This video will show you those factors and help you make an informed decision on your next home purchase.

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Education

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  • What if you took a 30 year but paid the extra $400 or so directly to the principle each month? Would that be even better yet than a 15?

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