Arguments in this video for a 15 vs 30 year mortgage?
Personally i prefer the flexibility of a 30 year mortgage with the option of a lower payment and the ability to make additional principal payments along the way which would allow me to still pay off the mortgage in 15 years or less. The 15 year mortgage comes with a higher payment which may be too high of a payment for me to afford the home i would like. What if i used the extra cash each month to simply invest it into the market instead of a low interest mortgage and how much will i make with that investment? This video covers each of those questions.