11/04/2026
Planning a smaller home or a move closer to family and wondering which mortgage option makes sense?
This week’s advertised 15-year rate is lower than the 30-year rate, but paying the loan off sooner means a higher monthly payment.
A 30-year loan can leave more room in your monthly budget, while a 15-year loan generally means less interest paid overall.
These advertised rates also include an upfront fee called a discount point, so ask to compare both the monthly payment and cash needed at closing.
Before putting your plans on hold, let’s explore whether an option fits your budget and the life you want next. 📞Call me 614.404.0297