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Whats better 15 or 30 year mortgage?

Because a 30-year mortgage has a longer term, your monthly payments will be lower and your interest rate on the loan will be higher. ... But because the interest rate on a 15-year mortgage is lower and you're paying off the principal faster, you'll pay a lot less in interest over the life of the loan.

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1	What is a mortgage broker salary?
2	What is the difference between a title and a deed?
3	How much can I borrow from my house?
4	What information does a mortgage broker need?
5	How much do mortgage brokers get paid?
6	Which is better arm or fixed mortgage?
7	What are the disadvantages of home equity loans?
8	Is a 5'1 arm a good idea?
9	What debts are forgiven at death?
10	Can I refinance my mortgage with no closing costs?
11	Will destroyed Mortgage?