Mortgage Comparison Calculator: 15 Years vs. 30 Years
Find the term that's right for your lifestyle.
Discover the difference that 15 years can make on your finances.
A 30-year term usually has a lower interest rate. With 15-year mortgage, you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms.
Important note about these calculators: These calculators are provided by a third party service provider. The figures entered on the input page of these calculators are for hypothetical purposes only. You should enter figures that are appropriate to your individual situation. The results provided by these calculators are intended for illustrative purposes only and accuracy is not guaranteed. BancFirst and its affiliates are not tax or legal advisers. BANCFIRST DISCLAIMS ALL WARRANTIES INCLUDING, WITHOUT LIMITATION, ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. These calculators are not intended to offer any tax, legal, financial or investment advice and do not assure the availability of or your eligibility for any specific product offered by BancFirst, its affiliates or any other institution, nor do these calculators predict or guarantee the actual results of any investment product. The terms and conditions of products offered by BancFirst will differ and may affect the results of the calculators. Please consult with qualified professionals to discuss your situation.