This calculator will allow you to look at the differences between a 15-year versus a 30-year mortgage. This will show you your monthly payments as well as the amount of interest paid over the life of the mortgage. You will also have an amortization chart that allows you to view each payment and how it will affect your principal.
Loan calculators are not an approval for a loan, and or for comparison purposes only. Calculators are available as a self-help tool for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy.
This calculation is done in a popup window so you may need to temporarily allow popups from this site to use this calculator.