๐ 15-Year Fixed Mortgage Calculator
Calculate monthly payments and interest savings for a 15-year fixed-rate mortgage with complete amortization schedule
๐ Mortgage Calculator
Calculate your monthly mortgage payment including principal, interest, taxes, and insurance
๐ Mortgage Tips
- โข A 20% down payment helps you avoid PMI
- โข Consider 15-year loans for lower total interest costs
- โข Shop around with multiple lenders for the best rates
- โข Factor in closing costs (typically 2-5% of loan amount)
- โข Get pre-approved to strengthen your offer
- โข Consider property taxes and insurance in your budget
How to Use
1. Enter the loan amount or home price
2. Input your down payment amount
3. Set the 15-year fixed interest rate
4. Add property taxes and insurance
5. Compare with 30-year mortgage options
6. Review total interest savings over loan term
Features
โ 15-year fixed-rate payment calculation
โ Complete 180-payment amortization schedule
โ Interest savings vs 30-year mortgage
โ Faster equity building analysis
โ Monthly payment comparison tools
โ Total cost of ownership breakdown