Contact Information

Brandon Clark, GRI, ABR, CSP
Gateway Realty Inc.
120 North Pointe Blvd
Lancaster, Pa, 17601
Office: (717)560-5500 ext.544
Cell: (717)682-7353
Fax: (717)283-4535
Email Us
Visit Our Site
40-year mortgages | Print |

Are 40-year mortgages a good idea?

Smaller monthly payments are the primary advantage of adding 10 years to the traditional 30-year mortgage, but real estate experts say the shorter-term loan usually is more beneficial for the home buyer. The drawback becomes apparent simply by calculating the cost of additional interest payments, which can total thousands for a few dollars difference in mortgage payments.



Questions about Lancaster County Real Estate?

Ask us below or Call us Now at (717)682-7353
*First Name
*Last Name
*Email
Phone
Question / Comments
     
 
< Prev   Next >


Syndicate this Site

Get the newest real estate Information from our site delivered right to your desktop!

Just Listed RSS Feed

See the newest properties as soon as we enter them in your favorite feed reader!

Don't worry about missing the right one... we make it easy for you!
RSS

Payment Estimator

Loan amount: $
Down payment: $
Annual interest rate: %
Term of loan: years
Total interest:
$
Monthly payment:
$
© 2010 Your Lancaster County Home Buying Source   Real Estate Websites - Free Real Estate Advice - Real Estate Marketing