Refinance
Shorten your term, pay off faster.
Moving from a 30-year to a 15-year loan — or another shorter term — may help you build equity faster and pay less interest over the life of the loan, depending on your rate and budget.
What you get
Pay off your mortgage years sooner
May save on total interest over the life of the loan
Build equity faster with higher monthly payments
Compare payment impact before you decide
Ideal when you can comfortably afford a higher payment
15-year options
A common path for borrowers who want to retire their mortgage sooner.
Interest savings
Shorter terms often carry lower rates and less total interest paid.
Equity acceleration
More of each payment may go toward principal on a shorter schedule.
Budget check
We model payments so you know the monthly impact before you commit.