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Compare a 30-year mortgage against a 25, 20, or 15-year term - see the exact monthly payment difference and total interest savings.

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Shorter terms, real savings

A 30-year mortgage keeps your monthly payment low, but you pay far more interest over the life of the loan. A shorter term - 25, 20, or 15 years - builds equity faster and saves tens of thousands in interest, at the cost of a higher monthly payment. This calculator shows the exact dollar difference for any combination so you can decide what trade-off fits your budget.

Loan Term Comparison Estimate Only
15-yr rates are usually lower than 30-yr
30-Year Fixed
Monthly P&I $ -
Total interest $ -
Total paid $ -
Payoff date -
15-Year Fixed
Monthly P&I $ -
Total interest $ -
Total paid $ -
Payoff date -
30-Year - principal vs interest
15-Year - principal vs interest
Principal Interest

Comparing loan terms? We can compare programs from 100+ wholesale lenders for any term.

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Estimate only. Monthly payment shown is principal and interest; excludes property tax, homeowners insurance, PMI, and HOA. Actual rate depends on credit score, loan type, and market conditions at time of application.

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