40-year mortgage: what you need to know
Channel: Nadlan - Real Estate Investors - השקעות נדלן ארהב
Date: 2023-02-11

A 40-year mortgage is like a traditional 15- or 30-year mortgage, but offers an extended payment period. If a homeowner stays in the property for the life of the loan and makes payments as agreed, they will pay off the mortgage in 40 years.

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