15 vs 30 Year Mortgage Calculator

A 15 year loan builds equity in your home at a faster pace than a 30 year loan.

 

Enter your loan amount and find out how much faster you build equity in your home!

Enter Loan Information
Mortgage Loan Amount:
Compare Balance after number of months:

Tip: Today's Rates

Loan One (longer term) Loan Two (shorter term)
Interest Rate: Interest Rate:
Length of Loan in Years: Length of Loan in Years:
Monthly Payment: Monthly Payment:
       
Remaining Balance: Remaining Balance:

Interest Paid:

Interest Paid:

Equity built with Loan Two mortgage  

           

Interest Saved: