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This calculator is used to show the differences between a 30 and 15 year mortgage.
Enter Loan amount
Enter 30 Year Interest Rate
 %
Enter 15 Year Interest Rate
 %

Summary
30 Year Monthly Payment

Total over 30 Years

15 Year Monthly Payment

Total over 15 Years
Additional monthly cost with 15 Year

Total Savings with 15 Year





3/1 ARM 5.375%
5/1 ARM 5.5%
15 Year Fixed 5.5%
30 Year Fixed 6.375%


3/1 ARM 5.375%
5/1 ARM 5.5%
15 Year Fixed 5.75%
30 Year Fixed 6.875%


7/01/08 6:13pm