15-Year vs 30-Year Mortgage: Breaking Down the Real Cost Difference
On a $300,000 home, a 15-year mortgage saves $100,000–$150,000 in interest—but monthly payments run 40–50% higher. Here's how to weigh the real trade-off.
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On a $300,000 home, a 15-year mortgage saves $100,000–$150,000 in interest—but monthly payments run 40–50% higher. Here's how to weigh the real trade-off.