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2. 15-year vs. 30-year mortgage: Which is right for you? - AOL

   www.aol.com/finance/15-vs-30-mortgage-215934391.html

   30-year mortgage pros and cons A 30-year mortgage may give you more breathing room in your monthly budget, and it’s generally easier to qualify for. But you’ll pay far more in interest.

3. Pros and cons of an adjustable-rate mortgage (ARM) - AOL

   www.aol.com/finance/pros-cons-adjustable-rate...

   Adjustable-rate mortgage pros and cons. ... 2023, MBA reports.) ... If you want to keep those monthly payments low, a 30-year fixed mortgage is the way to go. You’ll pay more in interest over ...

4. Pros and cons of a 15-year mortgage - AOL

   www.aol.com/finance/pros-cons-15-mortgage...

   Key takeaways. Pros of a 15-year mortgage include paying less in interest over the life of the loan as a result of a lower rate and shorter term, and paying off your mortgage sooner.

5. Adjustable-rate mortgages: What they are and how they work - AOL

   www.aol.com/finance/adjustable-rate-mortgages...

   An adjustable-rate mortgage, or ARM, is a home loan that has an initial, low fixed-rate period of several years. After that, for the remainder of the loan term, the interest rate resets at regular ...

6. Best lenders for low- and no-down payment mortgages in 2024 - AOL

   www.aol.com/finance/best-low-no-down-payment...

   Availability: All U.S. states Loans offered: Conventional, jumbo, FHA, VA Credit requirements: 650 for conventional loans, 700 for jumbo loans, 620 for FHA loans Down payment minimum: 3% for ...

7. What is an interest-only mortgage and how does it work? - AOL

   www.aol.com/finance/interest-only-mortgage-does...

   Here are some pros and cons: Pros of interest-only mortgages. ... Many adjustable-rate mortgages also have a long, low-interest introductory rate period — and, since the payments include some ...