15 vs. 30-Year Mortgage

WSFS Contributor

WSFS Contributor

January 1, 2023

min read

Placeholder image for calculators, of chart icons on a blue background.

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.

Javascript is required for this calculator.

For more information about these financial calculators please visit: Financial Calculators from KJE Computer Solutions, Inc.

Mortgage Options

Mortgage programs available in all 50 states for primary residences, vacation homes and investment properties.

Learn more

Recent Articles

Home Ownership

A Strategic Guide to Boosting Your Credit Score for Your Home Search
Article
| 5 min read
Home Ownership

Preparing for the Spring Homebuying Season: How to Enter the Market Ready to Act
Article
| 4 min read
Home Ownership

A Guide to Navigating the Housing Market with Confidence
Article
| 3 min read

View All Resources

Helping you boost your financial intelligence.

Read our financial resources from your friends at WSFS.

View All Resources