15-Year Leverage vs. 30-Year Traditional Calculator

Compare aggressive payoff strategies

See which mortgage approach builds more wealth over time

Adjust Your Assumptions

Fine-tune the parameters to match your specific situation

Common Assumptions

Scenario 1: 10% Down + 15-Year Mortgage

Lower down, invest difference, shorter term

Scenario 2: 20% Down + 30-Year Mortgage

Higher down, longer term, no investment

No MI Required

20% down eliminates MI

No Investment

All cash used for down payment

Strategy Comparison

See the side-by-side financial impact

Scenario 1: 10% Down + 15-Year Mortgage

Lower down, shorter term, invest difference

Mortgage Details

Loan Term: 15 years
Down Payment: $0
Loan Amount: $0
Interest Rate: 6.50%
Monthly P&I: $0
Monthly MI: $0
Total Monthly: $0

Investment Account

Initial Investment: $0
Annual Return: 8.0%
Monthly Withdrawal: $0
Withdrawn to cover payment difference
Current Balance: $0

At Year 7

Home Value: $0
Mortgage Balance: $0
Home Equity: $0
Investment Balance: $0
Interest Paid: $0
MI Paid: $0
Tax Benefits: $0
NET WORTH: $0
VS

Scenario 2: 20% Down + 30-Year Mortgage

Higher down, longer term, no investment

Mortgage Details

Loan Term: 30 years
Down Payment: $0
Loan Amount: $0
Interest Rate: 5.25%
Monthly P&I: $0
Monthly MI: $0 (None)
Total Monthly: $0

Investment Account

No Investment Account

All cash used for down payment

At Year 7

Home Value: $0
Mortgage Balance: $0
Home Equity: $0
Investment Balance: $0
Interest Paid: $0
MI Paid: $0
Tax Benefits: $0
NET WORTH: $0

Visual Comparison

Year-by-Year Breakdown

Year S1 Net Worth S2 Net Worth Advantage S1 Interest S2 Interest Investment MI Paid