Which is better: 15- or 30-year loan term?
Shorter term
Longer term
Interest rate
%
%
Loan amount
$
$
Term
(years)
Discount
points
%
%
Origination fee
%
%
Upfront costs
$
$
Your state + federal
tax rate
%
Purchase price
$
Yearly
property tax
$
Yearly
property insurance
$
Years before you sell or pay off loan
Your
savings rate
%