Mortgage Calculator
Which is better: 15 or 30 year loan term?

Timing is everything — with a shorter term mortgage you will be paying less interest but a higher monthly payment. Take the time to assess which mortgage term is better for you.

Related mortgage calculators you might be interested in...

Blue square containing red addition, subtraction, multiplication and equals sign symbols
How much will my payments be?

Calculate your monthly mortgage payment for a given purchase price, down payment, interest rate, and loan term.

VIEW CALCULATOR
Blue square containing red addition, subtraction, multiplication and equals sign symbols
Fixed or adjustable?

Decide to lock in your rate or choose a rate that adjusts according to market and economic factors. Compare the monthly mortgage payment for fixed- and adjustable-rate mortgage (ARM) loans, given the terms of the loans.

VIEW CALCULATOR
Blue square containing red addition, subtraction, multiplication and equals sign symbols
How much should I put down?

Determine the effect of your down payment on a home with respect to the loan terms, and whether you’ll pay private mortgage insurance (PMI).

VIEW CALCULATOR
VIEW ALL CALCULATORS

© 2022 People's United Bank, N.A. | Member FDIC | Equal Housing Lender icon Equal Housing Lender