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Save thousands in interest
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Retire mortgage-free
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Achieve your financial goals
15 vs 30 Year Mortgage
person age
50
loan amount
$500,000
| 15 year | 30 year | |
|---|---|---|
| Average interest rate | 2.125 | 2.625 |
| Monthly payment | 3,246.40 | 2,008.25 |
| Total Interest Paid | $84,353 | $222,971 |
| Total Amount Paid | $584,353 | $722,971 |
| Age when mortgage-free | 65 | 80 |
A 15 year mortgage saves you $138,618.
THAT’S LIFE CHANGING SAVINGS.
Rates are subject to change.
The downside of a 30 year mortgage
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Delayed retirement
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Increased interest cost over life of loan
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Greater financial risk
Take control and achieve your financial goals
Our Boost 15 mortgage offers:
✓ Lower rate than a 30 year mortgage
✓ Thousands saved in interest over life of loan
✓ Attainable mortgage-free retirement
✓ Financial security for you and your family
Scott Morris, Founder, with clients
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