Skip to main content

15- vs. 30-Year Mortgage Calculator

Use this calculator to compare a 15-year fixed rate mortgage with a similar 30-year fixed mortgage. Note that 15-year interest rates are typically lower than 30-year rates, so to know the rate that would likely apply to you, you should contact us.

Compare Now

Note: Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide borrowing advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from a mortgage specialist.

15 Year Loans

15-Year Mortgages help borrowers pay down their mortgage quickly, save money in interest, and build equity in their home faster.

Decorative Image. Red Brick Tudor House Exterior. Decorative Image. Grey Suburban House Exterior.
30 Year Loans

30-Year Mortgages offer borrowers consistent monthly payments and longer loan terms compared to 15-Year Mortgages.

Get your Investment Property Rate Quote



System error encountered. Please try again.
You already have a Newfi account!
You will be redirected to the login page in 10 seconds. If you don't remember your password, go for the 'Forgot Password' option.
Thank you!
Please check your email and follow the steps to activate your account.

Close Menu