{"id":639,"date":"2022-08-26T22:34:53","date_gmt":"2022-08-26T22:34:53","guid":{"rendered":"https:\/\/www.firststatemortgage.biz\/?page_id=639"},"modified":"2022-11-10T16:23:54","modified_gmt":"2022-11-10T16:23:54","slug":"15-vs-30-year-mortgage","status":"publish","type":"page","link":"https:\/\/www.firststatemortgage.biz\/calculators\/15-vs-30-year-mortgage\/","title":{"rendered":"15 vs 30-Year Mortgage"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"639\" class=\"elementor elementor-639\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-b4ac14e elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"b4ac14e\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_top&quot;:&quot;waves&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-shape elementor-shape-top\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M421.9,6.5c22.6-2.5,51.5,0.4,75.5,5.3c23.6,4.9,70.9,23.5,100.5,35.7c75.8,32.2,133.7,44.5,192.6,49.7\n\tc23.6,2.1,48.7,3.5,103.4-2.5c54.7-6,106.2-25.6,106.2-25.6V0H0v30.3c0,0,72,32.6,158.4,30.5c39.2-0.7,92.8-6.7,134-22.4\n\tc21.2-8.1,52.2-18.2,79.7-24.2C399.3,7.9,411.6,7.5,421.9,6.5z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-55d2859\" data-id=\"55d2859\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9de640f elementor-widget elementor-widget-heading\" data-id=\"9de640f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">15 VS 30-YEAR MORTGAGE<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-a0f6ee6 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"a0f6ee6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-948a1f0\" data-id=\"948a1f0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a40fd12 elementor-widget elementor-widget-heading\" data-id=\"a40fd12\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Should I get a 15-year or a 30-year mortgage?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66f8b0a elementor-widget elementor-widget-text-editor\" data-id=\"66f8b0a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Rates generally are lower for a 15-year mortgage, but typically, payments are higher because the loan is for fewer years. This calculator compares a 15-year to a 30-year mortgage based on the loan amount and interest rate that you provide.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-a230432 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"a230432\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7af8239\" data-id=\"7af8239\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-acc25e3 elementor-widget elementor-widget-text-editor\" data-id=\"acc25e3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<link rel=\"stylesheet\" type=\"text\/css\" href=\"https:\/\/www.firststatemortgage.biz\/wp-content\/themes\/astra-child\/yearscalculate\/main.css\" \/>\n\t<script src=\"https:\/\/www.firststatemortgage.biz\/wp-content\/themes\/astra-child\/armvsfixed\/moment.js\"><\/script>\n\t<script src=\"https:\/\/www.firststatemortgage.biz\/wp-content\/themes\/astra-child\/yearscalculate\/main.js\"><\/script>\n\t<section id=\"content1\">\n    <style>\n        .calculator-form .form-group {\n            margin-bottom: 15px;\n        }\n        .calculator-form .form-group label , .calculator-form .form-group input , .calculator-form .form-group select {\n            width: 100%;\n            font-family: \"Metropolis\", sans-serif;\n\t\t\tfont-size: 1.5vm;\n\t\t\tline-height: 1.3em;\n        }\n        .calculator-form .form-group input , .calculator-form .form-group select  {\n            border: 1px solid #ddd;\n            border-radius: 5px;\n            padding: 10px 15px;\n            line-height: 24px;\n        }\n        .calculator-form .form-group label {\n            margin-bottom: 5px;\n            display: block;\n        }\n        .form-group.submit , .form-group.submit-bottom {\n            display: flex;\n            justify-content: flex-start;\n        }\n        .form-group.submit input, .form-group.submit-bottom input {\n            width: auto;\n            margin-right: 10px;\n        }\n        .elementor-widget-html button#change {\n            margin: 0 auto !important;\n            float: none !important;\n        }\n        .elementor-element-f3aec16.elementor-widget.elementor-widget-html {\n            display: flex;\n            justify-content: center;\n        }\n        .calculator-form form h2 {\n            font-family: \"Metropolis\", sans-serif;\n            font-weight: 600;\n            margin-top: 30px;\n            margin-bottom: 10px !important;\n            color: #808080;\n\t\t\tfont-size:20px;\n        }\n\t\t.calculator-form form h3 {\n\t\t\tfont-family: \"Metropolis\", sans-serif;\n\t\t\tfont-weight: bold;\n\t\t\tmargin-bottom: 10px !important;\n\t\t\tcolor: #04467D;\n\t\t\tfont-size: 24px;\n\t\t\tborder-top: 1px solid #ddd;\n\t\t\tpadding-top: 40px;\n\t\t\tmargin-top: 40px;\n\t\t}\n        .date-options {\n            display: flex;\n        }\n        .date-options select , .date-options input {\n            width: auto !important;\n            margin-right: 10px;\n        }\n\t\t.form-comparision {\n\t\t\tdisplay: flex;\n\t\t\tflex-wrap: nowrap;\n\t\t\talign-items: center;\n\t\t}\n\t\t.form-comparision h2 {\n\t\t\twidth: 100%;\n\t\t\tfont-size: 15px !important;\n\t\t\tfont-weight:400;\n\t\t\tmax-width: 260px;\n}\n\t\t.form-comparision .form-group {\n\t\t\twidth: 100%;\n\t\t\tmargin: 10px;\n\t\t}\n\t\t\/*.form-comparision .form-group:last-child {\n\t\t\tmargin-right: 0px;\n\t\t}*\/\n    <\/style>    \n    <div class=\"table-block calculator-form\">\n        <form name=\"calc\" method=\"post\" action=\"#\">\n            <!-- <h3>Home Loan Terms<\/h3> -->\n\t\t\t<div class=\"form-comparision\">\n            <h2>House price: <!---<strong><a href=\"#\" title=\"the market value of the home, used to calculate insurance expense &amp; if PMI is needed\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">              \n                <label>15 YR FRM<\/label>\n                <input name=\"homevalue2\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"250000\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input name=\"homevalue\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"250000\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"form-comparision\">\n            <h2>Downpayment : <!---<strong><a href=\"#\" title=\"how much are you putting down on the house, used to compute the loan size &amp; if PMI is needed\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">              \n                <label>15 YR FRM<\/label>\n                <input name=\"principal2\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"50000\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input name=\"principal\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"50000\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"form-comparision\">\n            <h2>Loan APR: <!---(<a href=\"#currentrates15\"><strong>Get Current Rates<\/strong><\/a>)--->\n                <!---<strong><a href=\"#\" title=\"the annual rate of interest charged on your loan\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">              \n                <label>15 YR FRM<\/label>\n                <input name=\"intRate2\" type=\"number\" step=\"0.01\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"3.9\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input name=\"intRate\" type=\"number\" step=\"0.01\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"4.1\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"form-comparision\">\n            <h2>Loan Term:\n                <!---<strong><a href=\"#\" title=\"the duration of your loan in years\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">\n                <label>15 YR FRM<\/label>\n                <input name=\"numYears2\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"15\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input name=\"numYears\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"30\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"form-comparision\">\n            <h2><acronym title=\"Private Mortgage Insurance\">PMI<\/acronym> (%): <!---<strong><a href=\"#\" title=\"property mortgage insurance protects the lender in case of default. it is typically required on conforming loans where less than 20% is put down on the home\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">\n                <label>15 YR FRM<\/label>\n                <input name=\"monthlyPMI2\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"0.6\" step=\"0.0001\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input name=\"monthlyPMI\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"0.9\" step=\"0.0001\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"form-comparision\">\n            <h2>Closing costs (if financed in loan): <!---<strong><a href=\"#\" title=\"closing costs are typically between 2 to 5% of the loan amount. this typically comes out to between about $3,000 and $4,000 for most homes\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">\n                <label>15 YR FRM<\/label>\n                <input name=\"closingcosts2\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"3200\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\" step=\"any\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input name=\"closingcosts\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"3200\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\" step=\"any\">\n            <\/div>\n\t\t\t<\/div>\n            <h3>Other Ownership Costs<\/h3>\n\t\t\t<div class=\"form-comparision\">\n            <h2>Property taxes ($): <!---<strong><a href=\"#\" title=\"states &amp; counties have significantly varying rates which average about 1.25% but can go as high as about 2.5% or as low as under a half percent. the nationwide average is around $2,500 per year\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">\n                <label>15 YR FRM<\/label>\n                <input name=\"annualTax2\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"2500\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\" step=\"0.01\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input name=\"annualTax\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"2500\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\" step=\"0.01\">\n            <\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"form-comparision\">\n            <h2>Homeowner insurance ($): <!---<strong><a href=\"#\" title=\"typically somewhere around 0.5% to 1% of the home's value. most policies do not cover flooding or earthquakes - those require separate coverage\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">              \n                <label>15 YR FRM<\/label>\n                <input name=\"annualInsurance2\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"1000\" step=\"0.01\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input name=\"annualInsurance\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"1000\" step=\"0.01\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"form-comparision\">\n            <h2>Monthly <acronym title=\"Homeowner's association dues\">HOA<\/acronym> fees ($): <!---<strong><a href=\"#\" title=\"some condos and dvevelopments require monthly dues on top of the typical mortgage payments\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">              \n                <label>15 YR FRM<\/label>\n                <input name=\"monthlyHOA2\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"0\" step=\"0.01\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input name=\"monthlyHOA\" type=\"number\" onkeyup=\"clear_results(this.form);computeFormFixed(this.form)\" value=\"0\" step=\"0.01\" size=\"10\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\">\n            <\/div>\n\t\t\t<\/div>\n            <div class=\"form-group submit\">\n                <input type=\"reset\" class=\"styled-button\" value=\"Reset\">\n                <input type=\"button\" class=\"styled-button\" name=\"compute\" value=\"Calculate\" onclick=\"computeFormFixed(this.form)\"> \n            <\/div>\n\n            <h3>Your Mortgage Payments<\/h3>\n\t\t\t<div class=\"form-comparision\">\n            <h2>All-in monthly payment: <!---<strong><a href=\"#\" title=\"inclusive of the core loan payment along with other core costs of ownership like insurance and property taxes. does not include the cost of home maintenance though, which can vary greatly depending on the age of the home &amp; the build quality\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">              \n                <label>15 YR FRM<\/label>\n                <input type=\"text\" name=\"monthlyPmt2\" size=\"10\" readonly=\"\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input type=\"text\" name=\"monthlyPmt\" size=\"10\" readonly=\"\">\n            <\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"form-comparision\">\n            <h2>Principal &amp; Interest: <!---<strong><a href=\"#\" title=\"the portion of each monthly payment which is applied to the core principal and interest portion of the loan\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">              \n                <label>15 YR FRM<\/label>\n                <input type=\"text\" name=\"monthlyPI2\" size=\"10\" readonly=\"\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input type=\"text\" name=\"monthlyPI\" size=\"10\" readonly=\"\">\n            <\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"form-comparision\">\n            <h2>Taxes, Insurance, PMI &amp; HOA: <!---<strong><a href=\"#\" title=\"these are the other common costs of ownership that get baked into the loan. please note that if you are paying PMI your lender should typically drop that fee when your LTV is below 78% (or when you have at least 22% equity in the home)\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">              \n                <label>15 YR FRM<\/label>\n                <input type=\"text\" name=\"otherPmts2\" size=\"10\" readonly=\"\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input type=\"text\" name=\"otherPmts\" size=\"10\" readonly=\"\">\n            <\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"form-comparision\">\n            <h2>Amount Borrowed (exclusive of closing cost): <!---<strong><a href=\"#\" title=\"home price less downpayment amount\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">              \n                <label>15 YR FRM<\/label>\n                <input type=\"text\" name=\"downpayment2\" size=\"10\" readonly=\"\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input type=\"text\" name=\"downpayment\" size=\"10\" readonly=\"\">\n            <\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"form-comparision\">\n            <h2>Amount Borrowed (inclusive of closing cost): <!---<strong><a href=\"#\" title=\"closing cost coupled with home price less downpayment amount\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">              \n                <label>15 YR FRM<\/label>\n                <input type=\"text\" name=\"downpayment2a\" size=\"10\" readonly=\"\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input type=\"text\" name=\"downpaymenta\" size=\"10\" readonly=\"\">\n            <\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"form-comparision\">\n            <h2>Total Interest Expense:\n                <!---<strong><a href=\"#\" title=\"this is the total amount you will spend on interest on this loan if you live in the home &amp; make the regularly scheduled payments for the duration of the loan term\">[?]<\/a><\/strong>--><\/h2>\n            <div class=\"form-group\">              \n                <label>15 YR FRM<\/label>\n                <input type=\"text\" name=\"totalinterestexpense2\" size=\"10\" readonly=\"\">\n            <\/div>\n            <div class=\"form-group\">              \n                <label>30 YR FRM<\/label>\n                <input type=\"text\" name=\"totalinterestexpense\" size=\"10\" readonly=\"\">\n            <\/div>\n\t\t\t<\/div>\n            <h2>Generate Report?<\/h2>\n            <div class=\"form-group\">\n                <label for=\"\">Loan origination date:<\/label>\n                <div class=\"date-options\">\n                    <select name=\"loanoriginationmonth\" id=\"loanoriginationmonth\" size=\"1\" class=\"dd-Style\">\n                        <option value=\"0\">Month<\/option>\n                        <option value=\"1\">Jan<\/option>\n                        <option value=\"2\">Feb<\/option>\n                        <option value=\"3\">Mar<\/option>\n                        <option value=\"4\">Apr<\/option>\n                        <option value=\"5\">May<\/option>\n                        <option value=\"6\">Jun<\/option>\n                        <option value=\"7\">Jul<\/option>\n                        <option value=\"8\">Aug<\/option>\n                        <option value=\"9\" selected=\"selected\">Sep<\/option>\n                        <option value=\"10\">Oct<\/option>\n                        <option value=\"11\">Nov<\/option>\n                        <option value=\"12\">Dec<\/option>\n                    <\/select>\n                    <input name=\"loanoriginationday\" id=\"loanoriginationday\" min=\"1\" max=\"31\" style=\"width: 5em;\" size=\"4\" type=\"number\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\" value=\"28\">\n                    <input name=\"loanoriginationyear\" id=\"loanoriginationyear\" min=\"-9999\" max=\"9999\" style=\"width: 5em;\" size=\"4\" type=\"number\" onfocus=\"if(this.value==this.defaultValue)this.value=''\" onblur=\"if(this.value=='')this.value=this.defaultValue\" value=\"2022\">\n                <\/div>\n            <\/div>\n\t\t\t\n            <script type=\"text\/javascript\">\n                var date = new Date();\n                var aday = date.getDate();\n                var amonth = date.getMonth() + 1;\n                var ayear = date.getFullYear();\n                document.getElementById(\"loanoriginationyear\").value = ayear;\n                document.getElementById(\"loanoriginationday\").value = aday;\n                document.getElementById(\"loanoriginationmonth\").value = amonth;\n            <\/script>\n            <div class=\"form-group submit\">\n                <input type=\"button\" class=\"styled-button\" name=\"sched\" value=\"Report\" onclick=\"computeFormFixed(this.form);monthlyAmortSched(this.form)\">\n            <\/div>\n        <\/form>\n    <\/div>\n<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>15 VS 30-YEAR MORTGAGE Should I get a 15-year or a 30-year mortgage? Rates generally are lower for a 15-year mortgage, but typically, payments are higher because the loan is for fewer years. This calculator compares a 15-year to a 30-year mortgage based on the loan amount and interest rate that you provide.<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":1818,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":"","_vp_format_video_url":"","_vp_image_focal_point":[]},"acf":[],"_links":{"self":[{"href":"https:\/\/www.firststatemortgage.biz\/wp-json\/wp\/v2\/pages\/639"}],"collection":[{"href":"https:\/\/www.firststatemortgage.biz\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.firststatemortgage.biz\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.firststatemortgage.biz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.firststatemortgage.biz\/wp-json\/wp\/v2\/comments?post=639"}],"version-history":[{"count":80,"href":"https:\/\/www.firststatemortgage.biz\/wp-json\/wp\/v2\/pages\/639\/revisions"}],"predecessor-version":[{"id":7465,"href":"https:\/\/www.firststatemortgage.biz\/wp-json\/wp\/v2\/pages\/639\/revisions\/7465"}],"up":[{"embeddable":true,"href":"https:\/\/www.firststatemortgage.biz\/wp-json\/wp\/v2\/pages\/1818"}],"wp:attachment":[{"href":"https:\/\/www.firststatemortgage.biz\/wp-json\/wp\/v2\/media?parent=639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}