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Fifteen-Year Mortgage
(redirected from Fifteen Year Mortgage)

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Fifteen-Year Mortgage
A mortgage with a maturity of 15 years. A 15-year mortgage usually has a higher payment than a 30-year mortgage because one pays a higher portion of the principal each month.


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Five year adjustable This can be a thirty or fifteen year mortgage.
Government Agency fifteen year mortgage backed securities.
The new loan will have a seven year term and will be repayable monthly based on a fifteen year mortgage amortization schedule.
 
 
 
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