Daily challenge #644
VS Daily
Choice 1 of 5
Which mortgage path creates more net value after 15 years?
$480,000 loan. The 15-year rate is 6.2%; the 30-year rate is 6.5%. The 30-year payment difference is invested at 4.5%.
Choice 1 of 5
$480,000 loan. The 15-year rate is 6.2%; the 30-year rate is 6.5%. The 30-year payment difference is invested at 4.5%.