15-Year Mortgage Calculator

Calculate your monthly payment for a 15-year mortgage and see how much you can save on interest compared to a 30-year loan.

Loan Details

15-Year Monthly Payment

$2,441
Principal & Interest: $2,091

15-Year vs 30-Year Comparison

30-Year Payment (P&I)$1516.96
15-Year Payment (P&I)$2090.66
Higher Monthly Cost+$573.69
Interest Savings$169,788

Loan Summary

$240,000
Loan Amount
$136,318
Total Interest
$376,318
Total Amount Paid