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How big should your down payment be? Is a 15 or 30 year mortgage more efficient in the long run? What is the value of your cash down payment, or your cash flow? And is there value in "peace of mind", even if it means choosing a less effective economic strategy? Find out in today's episode of the Prosperity Podcast.
Show Notes:
[0:00] Prologue
[0:19] Intro
[0:41] Mortgages – the Largest Debt Many People Have (and greatly misunderstood)
[2:01] Questions to Ask… Your Cash has a Cost
[3:33] Considering the Amount to Put Down
[8:11] 15 or 30 Year Mortgages (and how to compare correctly)
[12:16] How to be More Prosperous by "Investing the Difference"
[17:03] Summary of Recommendations
[17:57] Outro
By Kim D. H. Butler and Spencer Shaw4.7
9595 ratings
How big should your down payment be? Is a 15 or 30 year mortgage more efficient in the long run? What is the value of your cash down payment, or your cash flow? And is there value in "peace of mind", even if it means choosing a less effective economic strategy? Find out in today's episode of the Prosperity Podcast.
Show Notes:
[0:00] Prologue
[0:19] Intro
[0:41] Mortgages – the Largest Debt Many People Have (and greatly misunderstood)
[2:01] Questions to Ask… Your Cash has a Cost
[3:33] Considering the Amount to Put Down
[8:11] 15 or 30 Year Mortgages (and how to compare correctly)
[12:16] How to be More Prosperous by "Investing the Difference"
[17:03] Summary of Recommendations
[17:57] Outro

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