This website requires Javascript to function properly.
If you are using a screen reader or other auxiliary aid and are having problems using this website, please send us a message through our Contact Us form or call 866-632-6819.

See All | Contract

Mortgage 15 vs. 30

[Skip to Content]

15 vs. 30-Year Mortgage

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.

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.