Mortgage terms were practically always for 25 years but things have changed and now wewe have a whole host of alternatives. Nevertheless, 25 years was the conventional choice for a reason and that is still the juu option in many conditions.
Shorter Mortgages
Because the period of the mortgage decreases the whole amount wewe must pay in interest will drop. This really is certainly great news.
However, the sum that you're paying every mwezi will probably be higher, meaning wewe won't have the ability to manage exactly the same size mortgage. Having alisema that, in case you've picked a property that's...
continue reading...
