A 15-year fixed builds equity quickly and can save you a significant amount of interest over the life of the loan, usually at a lower rate than a 30-year.

You own your home sooner, pay far less total interest, and typically lock a better rate, in exchange for a higher monthly payment.
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Higher than a 30-year, but you save a lot of interest. Erlis runs both side by side so the number is clear before you decide.
Owners with steady income who want to be mortgage-free sooner and can handle a larger payment.

Free to check, with no impact to your credit. Erlis runs your exact numbers and compares your options.
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