40 Year Mortgage May Not Make Financial Sense

A 40 year mortgage while resulting in a lower monthly payment will have the homeowner paying more in interest over the life of the loan and therefore not an ideal option.  Homeowners need to understand how the terms and interest rates impact the amount if interest they will pay overtime.

40 Year Mortgage

"use strict"; var adace_load_65f91832e64b0 = function(){ var viewport = $(window).width(); var tabletStart = 601; var landscapeStart = 801; var tabletEnd = 961; var content = '%3Cdiv%20class%3D%22adace_adsense_65f91832e6472%22%3E%3Cscript%20async%20src%3D%22%2F%2Fpagead2.googlesyndication.com%2Fpagead%2Fjs%2Fadsbygoogle.js%22%3E%3C%2Fscript%3E%0A%09%09%3Cins%20class%3D%22adsbygoogle%22%0A%09%09style%3D%22display%3Ablock%3B%22%0A%09%09data-ad-client%3D%22ca-pub-5192489547530619%22%0A%09%09data-ad-slot%3D%226037559423%22%0A%09%09data-ad-format%3D%22rectangle%22%0A%09%09%3E%3C%2Fins%3E%0A%09%09%3Cscript%3E%28adsbygoogle%20%3D%20window.adsbygoogle%20%7C%7C%20%5B%5D%29.push%28%7B%7D%29%3B%3C%2Fscript%3E%3C%2Fdiv%3E'; var unpack = true; if(viewport=tabletStart && viewport=landscapeStart && viewport=tabletStart && viewport=tabletEnd){ if ($wrapper.hasClass('.adace-hide-on-desktop')){ $wrapper.remove(); } } if(unpack) { $self.replaceWith(decodeURIComponent(content)); } } if($wrapper.css('visibility') === 'visible' ) { adace_load_65f91832e64b0(); } else { //fire when visible. var refreshIntervalId = setInterval(function(){ if($wrapper.css('visibility') === 'visible' ) { adace_load_65f91832e64b0(); clearInterval(refreshIntervalId); } }, 999); }

})(jQuery);