It is likely that you won't like the prospect of paying more money each month, but if you do take out a $15-$year mortgage, you will make far fewer payments and will pay a lot less in interest. How much more total interest will you pay over the life of the loan if you take out a $30-$year mortgage instead of a $15-$year mortgage?

$$1,267,781\mathrm{.}44$

$$918,682\mathrm{.}20$

$$1,084,045\mathrm{.}00$

$$1,175,913\mathrm{.}22$