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Encompass® Calculators

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  4. Which is better: 15- or 30- year loan term?


Which is better: 15- or 30- year loan term?

For your situation, which is better, a 15 or 30 year loan term? There are many factors to take into consideration since this will affect your monthly payments and more! Use this helpful tool to estimate costs.

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This content is for informational purposes only and may not be applicable to all situations. The coverages, features, and discounts on this website are not available in every state. Coverages, features and discounts subject to terms conditions, and qualifications.  Policy exclusions may apply. Savings vary based on factors such as state and coverages selected. If you are a current customer, review your policy for coverage details. Otherwise, please contact an Encompass Insurance Independent Agent for availability and additional information.
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