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How Much Can I Afford?
Mortgage Payment Calculator
Should I Refinance?
How Long Will My Mortgage Last?
30 Year vs 15 Year
Home
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Calculators
Purchasing a Home
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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
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