15 vs. 30 Year Mortgage

Use this calculator to compare these two mortgage terms, and let us help you decide which term is better for you.

Determining which mortgage term is right for you can be a challenge. With a shorter 15 year mortgage, you will pay significantly less interest than a 30 year mortgage - but only if you can afford the higher monthly payment. Use this calculator for a comparison of a 15 vs. 30 year mortgage.

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