Mortgage Calculators
How does a 15 year loan compare to a 30 year loan?
Now that you’ve called us for a quote, let’s take a look at how a 15 year loan compares to a 30 year loan.The interest rate for a 15 year loan might be lower but the loan is repaid over a shorter period, so you’ll save on overall interest paid but your monthly payments will be higher.For example, try inserting 3.5 for the 30 year loan and 3.125 for the 15 year loan.
Call us for the current interest rates.
Calculate your mortgage payment
for a 30 year mortgage
Calculate your mortgage payment
for a 15 year mortgage.
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