Shorter financing conditions need you to shell out much less for the notice, although your own monthly obligations is actually higher

Shorter financing conditions need you to shell out much less for the notice, although your own monthly obligations is actually higher Say you have a 15-year, $200,000 mortgage at 3.5% (the same rate as above). You’d pay just $57,358 in total interest. At a 5% interest rate, you’d pay $84,686 in interest over the life […]