What Mortgage Term Should You Get? -15 Year vs 30 Year Mortgage

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Considering a mortgage but unsure about which term is best for you? In this video I'll help you make an educated decision on one of the biggest expenses you'll have.

I'll give you a comprehensive breakdown of the pros and cons of the two most popular mortgage lengths: 15 year vs 30 year fixed terms

✅ Stay tuned until the end for a trick to SAVE interest on your mortgage!

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Subscribe for more videos on the homebuying process and mortgage HACKS to make it easier on you when purchasing a home! @branthemortgageman

00:00 Introduction
00:30 Considerations
01:52 15 Year Fixed Rate Mortgage Pros
04:18 15 Year Fixed Rate Mortgage Cons
05:41 30 Year Fixed Rate Mortgage Pros
07:15 30 Year Fixed Rate Mortgage Cons

#mortgage #mortgagetips #mortgagerates
  1. Bran the Mortgage Man
  2. What Mortgage Term Should You Get
  3. mortgage terms
  4. 15 yr vs 30 year mortgage
  5. pros and cons of a 15 year mortgage
  6. 15 vs 30 year mortgage
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Комментарии
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This channel is going to gain traction, keep making great videos, like this.

WorryDontAbout
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You don’t know how many videos I watched and this one explained it flawlessly. Ty brother, buying a new home soon.

WorryDontAbout
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Great videos and information Brandon. Question “for my friend” 😉How does one get a recast loan type and are there extra costs related to recast mortgage loans vs conventional mortgage loan? If so, what are those costs? We’re, I mean he’s debt free, owns current home, has $80k cash to put down plus will have approximately $200k after sale of current home. You mentioned recast in a different video with putting minimum down, then after closing take the cash (kept from down payment) & plus home sale proceeds to make lump sum principal payment then recast for new lower rate and payment. Seems too good to be true.

bobbydazzler