Replies to post #72246 on Zeev's Turnips Patch-No Politics (ZEEV)

[leon]

Smart Money, i've done it this way for years on a variety of properties primarilly because it provides me with what i strive for in most investments; flexibility and control. JMO though. LEON

[tantal]

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