Recent Calculations
Determining which mortgage term is right for you can be a challenge. With a shorter 15-year mortgage, you will pay significantly less interest than a 30-year mortgage - but only if you can afford the higher monthly payment. Use this calculator for a comparison of a 15- vs. 30-year mortgage.
Original balance of your mortgage.
Annual interest rate for your mortgage. Interest rates are generally lower for shorter-term mortgages. Tenga en cuenta que la tasa de interés es distinta de la Tasa de Porcentaje Anual (APR), que incluye otros costos como el seguro de la hipoteca, la tarifa de originación o puntos pagados al momento de originar la hipoteca. La APR suele ser superior a la tasa de interés nominal.
This is your combined state and federal tax rate. This is used to calculate possible income tax savings by deducting your mortgage interest. Please consult with a tax professional regarding mortgage interest deductions and your specific situation. **TAXTABLE_CURRENT_DEFINITION**
Pago mensual de capital e intereses (PI). Both 30-year fixed and 15-year fixed mortgages are shown.
Total of all monthly payments made over the full term of the mortgage. Both 30-year fixed and 15-year fixed mortgages are shown.
Total de los intereses pagados a lo largo de la vigencia de la hipoteca. Both 30-year fixed and 15-year fixed mortgages are shown.