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25, 30, or 40 Years – Which Mortgage Term is Right for You? You’re about to lock in a mortgage. Big decision. But here’s the thing….how long should you spread it out? 25 years? 30? 40? Let’s break it down! 25 years – The classic. Higher monthly payments, but you’ll clear that debt faster and pay way less interest. Want to own your home outright sooner? This is your move. 30 years – A sweet middle ground. Monthly payments drop slightly, giving you breathing room. You’ll pay more interest overall, but it balances affordability with long term savings. 40 years – Lowest monthly payments, making homeownership more accessible. But here’s the catch, you’ll be paying a LOT more in interest. A great option if cash flow is king, but you’ll carry that mortgage weight for longer. So, what’s best? It depends on you, your goals, lifestyle, and financial strategy. Let’s find the perfect fit. Your home may be repossessed if you do not keep up repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage. There may be a fee for mortgage advice. The precise amount will depend upon your circumstances, but will be agreed with you before proceeding. #MortgageBroker #UKMortgages #HomeOwnership