Should I put down 30% less/more on $300k home

Question

What would you recommend should I go with as a down payment - for 30 or 15 year FHA

Answer 1

15 year fixed rate mortgages have lower mortgage rates than 30 year fixed rate mortgages.

Answer 2

That is a great question, a 15-year loan will get you better terms and save you long-term on interest. But every situation is different, it may make sense for you to have a lower monthly payment. Feel free to reach out to go over your personal mortgage needs. I would love to assist you!