Quote:
Originally Posted by will76
15 years vs 30 years is smoke screen that makes no difference? You do know if you do a 15 year mortgage the interest rates are a good bit less than if you did a 30 year mortgage.
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I meant given same interest rate, it makes no difference if you pay it off in 5 years, 15, 30 or 100 years... obviously if you are getting lower interest rate than it does make a difference...
in bossku69's situation the interest rate is fixed, the only question is if it makes sense to prepay...