15 vs 30 year mortgage calculator

Shorter term, bigger payment, far less interest.

$
5.6%
6.3%

Interest saved

$186,435

Extra per month

$11,243.17

Short-term payment
$23,522.08
Long-term payment
$12,278.91

How this is calculated

  • · Estimates only — figures are simplified and ignore local rules and fees.
  • · Nothing you enter leaves your device.

Estimates only — not financial, tax or legal advice.

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