Buyers consider the benefits of a 15 Year mortgage

Benefits of 15-year mortgage hard to beat Why those lured by smaller payments on 30-year loan should reconsider By Jack Guttentag, Monday, April 30, 2012. Inman News® The case for 15-year fixed-rate mortgages has never been stronger because, in the post-crisis market, the rate advantage over the 30-year has never been larger. The rate advantage is about 0.875 percent, whereas prior to the crisis, it was 0.375 percent to 0.5 percent. Consider two $100,000 loans, one a 15-year at 3.125 percent and the other a 30-year at 4 percent. The respective payments are $696.61 and 477.42. After 15 years, the borrower with the 15-year loan has paid $39,454 more but is out of debt whereas the borrower with the 30-year loan still owes $64,543. But there is a counterargument. A disciplined borrower can choose the 30-year loan and invest the difference in payment between the 30- and the 15-year loans, in that way offsetting the higher interest rate on the 30-year loan. Some financial planners recommend this approach to their clients as part of a program to build wealth faster. The challenge in making such a program work is that the rate of return on the invested cash flow must exceed the rate on the 30-year loan by an amount that depends on how much higher the 30-year rate is than the 15-year rate.

Colleyville Luxury Homes

Colleyville Luxury Homes Colleyville is nestled in the middle of the DFW Metroplex boasting great schools and community feel

	RE/MAX Premier Properties Kim Raine  Colleyville Luxury Homes 214 675 9436 (Cellular) 972 403 2040 (AccessLine) http://www.kimraine.com	RE/MAX Premier Properties 2100 Dallas Parkway, Suite 102 Plano, TX 75093
Information herein deemed reliable but not guaranteed		©2012 Imprev, Inc.

Luxury Frisco Homes

Frisco Texas Luxury Homes Frisco is a wonderfully planned growing city located north of Dallas Texas.

	RE/MAX Premier Properties Kim Raine  Frisco Luxury Homes 214 675 9436 (Cellular) 972 403 2040 (AccessLine) http://www.kimraine.com	RE/MAX Premier Properties 2100 Dallas Parkway, Suite 102 Plano, TX 75093
Information herein deemed reliable but not guaranteed		©2012 Imprev, Inc.

West Frisco Homes $175,000-$350000

Homes for Sale in West Frisco 175k-350k Frisco is a wonderfully planned growing city North of Downtown Dallas

	RE/MAX Premier Properties Kim Raine  West Frisco Homes for Sale 175,000-350,000 214 675 9436 (Cellular) 972 403 2040 (AccessLine) http://www.kimraine.com	RE/MAX Premier Properties 2100 Dallas Parkway, Suite 102 Plano, TX 75093
Information herein deemed reliable but not guaranteed		©2012 Imprev, Inc.

Las Colinas Executive with Media

Las Colinas Executive with Media Room Stunning home located in prestigous Cottonwood Hill Estates.Gorgeous spiral wood stair case. Spacious family room open to kitchen. Dining room boast curved wall and gorgeous detailed crown molding. Huge master bedroom with elegant trayed ceilings. Luxury master bath has marble vanities and seamless shower. Huge walk-in closet.Kitchen has alderwood cabinetry &lighted accent cabinets. Custom window treatments. Brick patio.Hoa maintains front yard. RE/MAX Premier Properties Kim Raine Las Colinas Executive 214 675 9436 (Cellular) 972 403 2040 (AccessLine) http://www.kimraine.com

Information herein deemed reliable but not guaranteed	©2012 Imprev, Inc.

Northwood Hills Area-Homes for Sale

Hidden Lakes near Bear Creek Golf Course, Keller Texas