15, 20 and 30-year mortgage payment comparison

Compare payments for 15, 20 and 30-year mortgages. Enter your mortgage amount and interest rates to easily compare these three popular mortgage terms.

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15, 20 and 30-year mortgage payment comparison Definitions

Mortgage amount: The total dollar amount for this mortgage loan.
Interest rate: The interest rate on this loan.
Loan term: The number of years over which you will repay this loan. The most common are 15-years and 30-year terms. This calculator compares a 15-year, 20-year and 30-year mortgage payment for the mortgage amount you enter.