I believe the solution to issue out-of if or not paying down a thirty-season mortgage during the fifteen years do rates an equivalent amount given that good fifteen-seasons mortgage of the identical interest was sure but Simply for many who pay it back for the exact same plan due to the fact their going fifteen-seasons. In fact, the clear answer isn’t any for a couple of grounds: new amortization agenda; while the simple fact that the fresh new 31-season are often has increased interest rate as compared to fifteen-seasons.