If you are considering a 15-year mortgage over a 30-year mortgage, there are a few things to take into account. The most obvious difference is the length of the loan, and with that, the amount of interest you will end up paying. A 15-year mortgage will have a higher monthly payment than a 30-year mortgage, but you will save a great deal in interest over the life of the loan. Another factor to consider is your current financial situation. If you are able to afford the higher monthly payment of a 15-year mortgage, it may be the better option for you. You will also need to consider your future plans. If you think you may want to sell your home or refinance in the next few years, a 15-year mortgage may not be the best option. Ultimately, the decision of whether to choose a 15-year or 30-year mortgage comes down to your personal financial situation and your future plans. If you are confident you can afford the higher monthly payments and you don’t plan on selling or refinancing anytime soon, a 15-year mortgage could save you a lot of money in the long run.