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Katie Blevins
Katie Blevins
Equitable Advisors, LLC (Equitable Financial Advisors in MI & TN) Financial Consultant
512-794-2384

Meet Katie, a dedicated financial consultant passionate about empowering clients through effective tax strategies and personalized financial planning. With a focus on reducing taxes and stress, she helps clients achieve peace of mind by simplifying complex financial decisions. Katie believes that strong, trusting relationships are the foundation of successful financial planning, and is committed to guiding clients every step of the way. Whether navigating retirement, investments, estate planning, business succession, or tax optimization, she is here to ensure your financial journey is smooth and rewarding. 


Comparing Mortgage Terms

For most, a home is the most significant purchase they will ever make. Use this calculator to see the difference between a shorter- and longer-term mortgage when strategizing for the future.

Loan Parameters

$50,000 $10,000,000

Loan Comparison Results

First Loan

Monthly Payment $2,532
Total Interest Paid $155,683
Total Amount Paid $455,683

Second Loan

Monthly Payment $1,996
Total Interest Paid $418,527
Total Amount Paid $718,527

Visual Comparison

Monthly Payment
$2,532
First Loan
$1,996
Second Loan
Total Interest Paid
$155,683
First Loan
$418,527
Second Loan
Total Amount Paid
$455,683
First Loan
$718,527
Second Loan

Keep in mind that mortgage lenders have rules that they follow, such as the popular 28/36 guideline. It suggests that no more than 28 percent of a person's gross monthly income should be spent on housing costs (which includes your mortgage, taxes, and insurance) and no more than 36 percent on all debt. So before you get too deep into mapping out mortgage scenarios, it might be best to speak with a professional who can guide you through the numbers.

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