15-Year vs. 30-Year Term Mortgage Calculator

Compare how the term of your loan affects the monthly payment and total cost.

To learn more about the basics of home loans, see “A Beginner’s Guide to Home Loans.”

This tool is intended to provide guidance and financial estimates. Please reach out to your lender for precise calculations.

Related Resources

There are many different mortgage products available, and you’ll want to work closely with your lender to find the right loan for you.

Sign up to receive resources, tools and tips about buying, owning, refinancing, selling and renting a home in your inbox.