Rich Girl Roundup: Is the 15-Year Mortgage Dead? (And Is It Even Worth Doing?)
We ran the numbers to compare the 15- and 30-year options.
Rich Guy Gavin asks, "Is the 15-year mortgage worth it?" Plus, given how few people can afford them nowadays, Katie and Henah chat through if the 15-year mortgage is dead. We run the numbers, the factors to consider, and some workarounds to make the 30-year mortgage more appealing.
Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week.
Reminder: This is not financial advice; we are not certified financial professionals—please do your own due diligence.
Transcript, show resources, production credits, and more can be found at: https://moneywithkatie.com/rgr-15-year-mortgage.
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