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From: sjc@lambda.UUCP (Sandy J. Cifrodelli)
Newsgroups: net.taxes
Subject: 15 versus 30 Year Mortgages
Message-ID: <104@lambda.UUCP>
Date: Sat, 8-Mar-86 09:34:11 EST
Article-I.D.: lambda.104
Posted: Sat Mar  8 09:34:11 1986
Date-Received: Sun, 9-Mar-86 00:35:46 EST
Organization: BELLCORE, Livingston, NJ
Lines: 9

I would like some opinions on 15 versus 30 Yr Mortgages.
If I refinance at current rates,
I can afford both.
What are the pros and cons?
What is the tax effect of the 15 Yr loan in terms of what
I can write off on my 1040?

Thanks
Sandy