Paying For Houses

What is the difference between the different loan periods?

The shorter the period of the loan, the higher the monthly payment and the less interest that you have to pay over time, since you are borrowing the money over a shorter period of time.


This is a web preview of the "The Handy Personal Finance Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App