Save Big With A Shorter Term Loan

There is a great infographic posted at the Reality Goddess Blog looking at how to save big with a shorter term loan.  They note that:

“Switching from a 30 year to a 15 year fixed rate mortgage increases your monthly payment by $593 dollars, but saves you close to 96,000 in interest savings!”

Check it out to see what you can possibly save:

savebigshortertermloan

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