if you think this 400 can turn great profit for you,
than go ahead
other wise 15 years can save you 95K interests in total,
don't you think it is worthy?
| Principal: | $200,000 | Payment: | $1,381.16 | ||
| Interest: | 3% | ||||
| Start date: | Dec 2015 | Total interest: | $48,609.39 | ||
| End date: | Nov 2030 | Total payments: | $248,609.39 | ||
| Term length: | 15y | Extra payments: | $0.00 | ||
| Term reduction: | None | Savings: | $0.00 |
| Principal: | $200,000 | Payment: | $954.83 | ||
| Interest: | 4% | ||||
| Start date: | Dec 2015 | Total interest: | $143,739.01 | ||
| End date: | Nov 2045 | Total payments: | $343,739.01 | ||
| Term length: | 30y | Extra payments: | $0.00 | ||
| Term reduction: | None | Savings: | $0.00 |
