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Mortgage Comparison: 15 years vs. 30 years

Which option is better for you? Dig into the details to figure it out.

When it comes to mortgage terms, the two most popular are 15 years and 30 years. With the shorter mortgage, you'll pay a lot less interest, but with higher monthly payments. The 30-year option lowers your monthly payment but requires you pay more interest over time. This calculator helps you compare your options.