Do you know the advantages and disadvantages of 15-year and 30-year mortgages? Each has a unique set of benefits that may be better suited to your personal situation. Home insurance and PMI are different entities and can be confusing, especially for first time home buyers.

Feel free to call or email us if you ever have any questions: (630) 441-1003 or [email protected]

Great Lakes Auto Home Insurance - What's the Difference Between a 15-Year and a 30-Year Mortgage?

Graphic provided by Vecteezy

A 15-YEAR VS. A 30-YEAR MORTGAGE (click images to enlarge)

Great Lakes Auto Home Insurance - What's the Difference Between a 15-Year and a 30-Year Mortgage? Title Page
Great Lakes Auto Home Insurance - What's the Difference Between a 15-Year and a 30-Year Mortgage? Quick Answer
Great Lakes Auto Home Insurance - What's the Difference Between a 15-Year and a 30-Year Mortgage? Pros and Cons of a 15-Year Mortgage
Great Lakes Auto Home Insurance - What's the Difference Between a 15-Year and a 30-Year Mortgage? Pros and Cons of a 30-Year Mortgage
Great Lakes Auto Home Insurance - What's the Difference Between a 15-Year and a 30-Year Mortgage? Pro Tip
Great Lakes Auto Home Insurance - What's the Difference Between a 15-Year and a 30-Year Mortgage? Title Page
Great Lakes Auto Home Insurance - What's the Difference Between a 15-Year and a 30-Year Mortgage? Quick Answer
Great Lakes Auto Home Insurance - What's the Difference Between a 15-Year and a 30-Year Mortgage? Pros and Cons of a 15-Year Mortgage
Great Lakes Auto Home Insurance - What's the Difference Between a 15-Year and a 30-Year Mortgage? Pros and Cons of a 30-Year Mortgage
Great Lakes Auto Home Insurance - What's the Difference Between a 15-Year and a 30-Year Mortgage? Pro Tip