As the economy continues to improve, many home owners are looking to improve their overall financial situation and look to a 15-year mortgage only to find they either can’t qualify or can’t afford the higher payment schedule.

Enter – or re-enter – the 20-year mortgage which obviously pays off the loan ten years early but isn’t quite as difficult to manage as a 15-year.

Forever, some 20-year loans may be less expensive than 30-year choices and mortgage insurance costs may be cheaper as well.

A chance to save money – what’s not to like?