Compare monthly payments, total interest, and payoff timelines for different mortgage terms to find the best option for your budget.
Based on total interest paid, choosing 15-Year Fixed saves you $198,086.46 compared to other options.
Typical: 10–20% of home price
Enter the rate from your lender or loan estimate — mortgage rates change frequently.
Higher payments, fastest payoff, lowest total interest
Monthly Payment
$2,439.10
Total Interest Paid
$159,038.11
Balanced payments and total cost
Monthly Payment
$2,087.60
Total Interest Paid
$221,025.15
Lowest payments, highest total interest
Monthly Payment
$1,769.79
Total Interest Paid
$357,124.57
| Metric | 15-Year Fixed | 20-Year Fixed | 30-Year Fixed |
|---|---|---|---|
| Monthly Payment | $2,439.10 | $2,087.60 | $1,769.79 |
| Total Interest Paid | $159,038.11 | $221,025.15 | $357,124.57 |
| Total Cost | — | — | — |
| Payoff Date | — | — | — |
Calculate your monthly mortgage payment, total interest, and view a full amortization schedule. Compare different loan terms and interest rates.
Find out how much house you can afford based on your income, debts, and down payment. Uses the 28/36 rule for conservative estimates.
Compare your current loan to a refinanced loan. See monthly savings, total interest savings, and break-even point.
Higher payments, fastest payoff, lowest total interest
Balanced payments and total cost
Lowest payments, highest total interest