Ask Question
2 February, 04:30

Monthly payments are higher with a 15 year, fixed rate mortgage. What are two advantages of a 15 year fixed rate mortgage over a 30 year fixed rate mortgage?

+1
Answers (1)
  1. 2 February, 04:54
    0
    One advantage of a 15 year mortgage is that a home owner pays less total interest. A second advantage is that home owners can pay the home off faster to own it out right.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Monthly payments are higher with a 15 year, fixed rate mortgage. What are two advantages of a 15 year fixed rate mortgage over a 30 year ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers