15-Year vs. 30-Year Mortgage: Which is the Best Choice for You? 🏡

[15 YEAR vs. 30 YEAR #MORTGAGE]<br /><br />Which is better? Ask yourself this question: Do you want a house paid off + a poor #retirement or a house paid off + a great retirement? The math is straight forward and simple!<br /><br />When it comes to #CompoundInterest, it's about how much #time your #money can make money!!!<br /><br />TIME is the part of the equation that people tend to forget and the most important factor inside of the phenomenon of Compounding.<br /><br />The #math says starting now with less contributions is better than starting later with more. Here's an example that shows the influence of time in your pursuit of #wealth and #freedom.<br /><br />$300,000 #home purchase with a 15 Year Mortgage or 30 Year Mortgage + #Compound the difference…<br /><br />Up to $800,000 more wealth by starting now and get your money making money making money!<br /><br />Both scenarios you end up #debtfree. Both have the exact same out of pocket, both are positive decisions...<br /><br />However, one focuses on saving pennies while the other focuses on making dollars.<br /><br />Which path do you want?<br /><br />For me, the answer is pretty simple once I take the time to... "he who understands it, earns it!"<br /><br />DM me to start the process to refi your house out of the 15 into a 30 and get your money making money!<br /><br />Always Be Compounding!<br /><br />#retirement #personalfinance #retirementplanning #mpi #rich #401k #ira #goals #moneytips #financialfreedom #financialliteracy #personalfinancetips #moneycoach