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tantal

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tantal

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Re: Smart_Money post# 72246

Wednesday, 02/05/2003 7:02:59 AM

Wednesday, February 05, 2003 7:02:59 AM

Post# of 704019
I disagree. With a 30 year, you are paying more interest than in a 15 year. So, if you compare the total payment, P+I on a 15 yr, with P+I+extra for the same dollar amount, you end up paying more interest with the 30 year, not to mention that the interest amount per year drops faster with a 15 year than a 30 year.

Man, I'm turning into an accountant. Don't know if that's good or bad.

d
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