Determining which mortgage term is right for you can be a challenge. With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. This calculator will help you to compare monthly payments and interest costs of home mortgages at various loan term lengths.

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Enter the expected annual interest rate (%)

 

Description	10 Yrs.	15 Yrs.	20 Yrs.	25 Yrs.	30 Yrs.
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