15 years vs. 30 years
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NicknameInterest RateTerm in YearsLoan AmountDown PaymentHome ValueLifetime Interest PaidMonthly PaymentPrinciple Payment first yearInterest paid Per month
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15 year FCCU3.5%15$350,000$150,000$500,000$100,376.00$2,502.09$1,485.58$1,016.51
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30 year FCCU4%30$350,000$150,000$500,000$251,543.27$1,670.95$505.97$1,164.99
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15 v 30