The monthly payment of a 30-year loan is seductive. The total interest of a 15-year loan is horrifying in reverse. Put both side by side and decide with numbers.
Higher payment vs less interest — the exact dollar cost of each choice.
30-year isn't automatically worse. The gap invested at market returns can outgrow the interest saved.
Property tax and insurance are folded in so the monthly feels like reality.
All calculations run locally in your browser. Nothing is sent anywhere.
Price the loan before you sign.