Mortgage Loan Calculator

Loan Comparison Calculator

Choosing the right mortgage can be complex, and finding the best value requires more than just comparing interest rates. Our free Mortgage Loan Comparison Calculator helps you analyze and contrast up to three different loan options at once. Enter the details for each potential mortgage to get a clear, side-by-side breakdown of the total costs, monthly payments, and more. Use this tool to feel confident in your decision and secure the best loan for your financial future.

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Loan A

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Loan B

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Common (for PITI & chart)

Taxes/insurance/HOA affect monthly affordability (PITI) but don’t change loan payoff timing.

Summary: Loan B yields lower lifetime interest by $39,658. Base monthly P&I difference: $91 (A is lower).

Loan A – Results

  • Monthly P&I$2,528
  • Monthly PITI (with taxes, insurance, HOA)$3,078
  • Total interest (life of loan)$510,178
  • Total paid (principal + interest)$910,178
  • Time to payoff30y 0m
  • Effective APR (incl. fees)6.585%

Loan B – Results

  • Monthly P&I$2,438
  • Monthly PITI (with taxes, insurance, HOA)$2,988
  • Total interest (life of loan)$470,520
  • Total paid (principal + interest)$877,520
  • Time to payoff30y 0m
  • Effective APR (incl. fees)6.152%

Remaining Balance Over Time

View amortization schedules

Loan A

#PaymentInterestPrincipalExtraPMIEnd Balance
1$2,528$2,167$362$0$0$399,638
2$2,528$2,165$364$0$0$399,275
3$2,528$2,163$366$0$0$398,909
4$2,528$2,161$368$0$0$398,542
5$2,528$2,159$370$0$0$398,172
6$2,528$2,157$372$0$0$397,801
7$2,528$2,155$374$0$0$397,427
8$2,528$2,153$376$0$0$397,052
9$2,528$2,151$378$0$0$396,674
10$2,528$2,149$380$0$0$396,295
11$2,528$2,147$382$0$0$395,913
12$2,528$2,145$384$0$0$395,529
13$2,528$2,142$386$0$0$395,143
14$2,528$2,140$388$0$0$394,755
15$2,528$2,138$390$0$0$394,365
16$2,528$2,136$392$0$0$393,973
17$2,528$2,134$394$0$0$393,579
18$2,528$2,132$396$0$0$393,183
19$2,528$2,130$399$0$0$392,784
20$2,528$2,128$401$0$0$392,383
21$2,528$2,125$403$0$0$391,980
22$2,528$2,123$405$0$0$391,575
23$2,528$2,121$407$0$0$391,168
24$2,528$2,119$409$0$0$390,759
25$2,528$2,117$412$0$0$390,347
26$2,528$2,114$414$0$0$389,933
27$2,528$2,112$416$0$0$389,517
28$2,528$2,110$418$0$0$389,099
29$2,528$2,108$421$0$0$388,678
30$2,528$2,105$423$0$0$388,255
31$2,528$2,103$425$0$0$387,830
32$2,528$2,101$428$0$0$387,402
33$2,528$2,098$430$0$0$386,973
34$2,528$2,096$432$0$0$386,540
35$2,528$2,094$435$0$0$386,106
36$2,528$2,091$437$0$0$385,669
37$2,528$2,089$439$0$0$385,230
38$2,528$2,087$442$0$0$384,788
39$2,528$2,084$444$0$0$384,344
40$2,528$2,082$446$0$0$383,898
41$2,528$2,079$449$0$0$383,449
42$2,528$2,077$451$0$0$382,998
43$2,528$2,075$454$0$0$382,544
44$2,528$2,072$456$0$0$382,088
45$2,528$2,070$459$0$0$381,629
46$2,528$2,067$461$0$0$381,168
47$2,528$2,065$464$0$0$380,704
48$2,528$2,062$466$0$0$380,238
49$2,528$2,060$469$0$0$379,770
50$2,528$2,057$471$0$0$379,298
51$2,528$2,055$474$0$0$378,825
52$2,528$2,052$476$0$0$378,348
53$2,528$2,049$479$0$0$377,870
54$2,528$2,047$481$0$0$377,388
55$2,528$2,044$484$0$0$376,904
56$2,528$2,042$487$0$0$376,417
57$2,528$2,039$489$0$0$375,928
58$2,528$2,036$492$0$0$375,436
59$2,528$2,034$495$0$0$374,941
60$2,528$2,031$497$0$0$374,444
61$2,528$2,028$500$0$0$373,944
62$2,528$2,026$503$0$0$373,441
63$2,528$2,023$505$0$0$372,936
64$2,528$2,020$508$0$0$372,427
65$2,528$2,017$511$0$0$371,917
66$2,528$2,015$514$0$0$371,403
67$2,528$2,012$517$0$0$370,886
68$2,528$2,009$519$0$0$370,367
69$2,528$2,006$522$0$0$369,845
70$2,528$2,003$525$0$0$369,320
71$2,528$2,000$528$0$0$368,792
72$2,528$1,998$531$0$0$368,261
73$2,528$1,995$534$0$0$367,728
74$2,528$1,992$536$0$0$367,192
75$2,528$1,989$539$0$0$366,652
76$2,528$1,986$542$0$0$366,110
77$2,528$1,983$545$0$0$365,565
78$2,528$1,980$548$0$0$365,017
79$2,528$1,977$551$0$0$364,466
80$2,528$1,974$554$0$0$363,911
81$2,528$1,971$557$0$0$363,354
82$2,528$1,968$560$0$0$362,794
83$2,528$1,965$563$0$0$362,231
84$2,528$1,962$566$0$0$361,665
85$2,528$1,959$569$0$0$361,096
86$2,528$1,956$572$0$0$360,523
87$2,528$1,953$575$0$0$359,948
88$2,528$1,950$579$0$0$359,369
89$2,528$1,947$582$0$0$358,788
90$2,528$1,943$585$0$0$358,203
91$2,528$1,940$588$0$0$357,615
92$2,528$1,937$591$0$0$357,024
93$2,528$1,934$594$0$0$356,429
94$2,528$1,931$598$0$0$355,832
95$2,528$1,927$601$0$0$355,231
96$2,528$1,924$604$0$0$354,627
97$2,528$1,921$607$0$0$354,019
98$2,528$1,918$611$0$0$353,409
99$2,528$1,914$614$0$0$352,795
100$2,528$1,911$617$0$0$352,177
101$2,528$1,908$621$0$0$351,557
102$2,528$1,904$624$0$0$350,933
103$2,528$1,901$627$0$0$350,305
104$2,528$1,897$631$0$0$349,675
105$2,528$1,894$634$0$0$349,040
106$2,528$1,891$638$0$0$348,403
107$2,528$1,887$641$0$0$347,762
108$2,528$1,884$645$0$0$347,117
109$2,528$1,880$648$0$0$346,469
110$2,528$1,877$652$0$0$345,817
111$2,528$1,873$655$0$0$345,162
112$2,528$1,870$659$0$0$344,504
113$2,528$1,866$662$0$0$343,842
114$2,528$1,862$666$0$0$343,176
115$2,528$1,859$669$0$0$342,506
116$2,528$1,855$673$0$0$341,833
117$2,528$1,852$677$0$0$341,157
118$2,528$1,848$680$0$0$340,476
119$2,528$1,844$684$0$0$339,792
120$2,528$1,841$688$0$0$339,105
121$2,528$1,837$691$0$0$338,413
122$2,528$1,833$695$0$0$337,718
123$2,528$1,829$699$0$0$337,019
124$2,528$1,826$703$0$0$336,316
125$2,528$1,822$707$0$0$335,610
126$2,528$1,818$710$0$0$334,899
127$2,528$1,814$714$0$0$334,185
128$2,528$1,810$718$0$0$333,467
129$2,528$1,806$722$0$0$332,745
130$2,528$1,802$726$0$0$332,019
131$2,528$1,798$730$0$0$331,289
132$2,528$1,794$734$0$0$330,555
133$2,528$1,791$738$0$0$329,818
134$2,528$1,787$742$0$0$329,076
135$2,528$1,782$746$0$0$328,330
136$2,528$1,778$750$0$0$327,580
137$2,528$1,774$754$0$0$326,826
138$2,528$1,770$758$0$0$326,068
139$2,528$1,766$762$0$0$325,306
140$2,528$1,762$766$0$0$324,540
141$2,528$1,758$770$0$0$323,770
142$2,528$1,754$775$0$0$322,995
143$2,528$1,750$779$0$0$322,217
144$2,528$1,745$783$0$0$321,434
145$2,528$1,741$787$0$0$320,646
146$2,528$1,737$791$0$0$319,855
147$2,528$1,733$796$0$0$319,059
148$2,528$1,728$800$0$0$318,259
149$2,528$1,724$804$0$0$317,455
150$2,528$1,720$809$0$0$316,646
151$2,528$1,715$813$0$0$315,833
152$2,528$1,711$818$0$0$315,016
153$2,528$1,706$822$0$0$314,194
154$2,528$1,702$826$0$0$313,367
155$2,528$1,697$831$0$0$312,536
156$2,528$1,693$835$0$0$311,701
157$2,528$1,688$840$0$0$310,861
158$2,528$1,684$844$0$0$310,017
159$2,528$1,679$849$0$0$309,168
160$2,528$1,675$854$0$0$308,314
161$2,528$1,670$858$0$0$307,456
162$2,528$1,665$863$0$0$306,593
163$2,528$1,661$868$0$0$305,725
164$2,528$1,656$872$0$0$304,853
165$2,528$1,651$877$0$0$303,976
166$2,528$1,647$882$0$0$303,094
167$2,528$1,642$887$0$0$302,208
168$2,528$1,637$891$0$0$301,316
169$2,528$1,632$896$0$0$300,420
170$2,528$1,627$901$0$0$299,519
171$2,528$1,622$906$0$0$298,613
172$2,528$1,617$911$0$0$297,703
173$2,528$1,613$916$0$0$296,787
174$2,528$1,608$921$0$0$295,866
175$2,528$1,603$926$0$0$294,941
176$2,528$1,598$931$0$0$294,010
177$2,528$1,593$936$0$0$293,074
178$2,528$1,587$941$0$0$292,133
179$2,528$1,582$946$0$0$291,188
180$2,528$1,577$951$0$0$290,237
181$2,528$1,572$956$0$0$289,280
182$2,528$1,567$961$0$0$288,319
183$2,528$1,562$967$0$0$287,353
184$2,528$1,556$972$0$0$286,381
185$2,528$1,551$977$0$0$285,404
186$2,528$1,546$982$0$0$284,421
187$2,528$1,541$988$0$0$283,434
188$2,528$1,535$993$0$0$282,441
189$2,528$1,530$998$0$0$281,442
190$2,528$1,524$1,004$0$0$280,439
191$2,528$1,519$1,009$0$0$279,429
192$2,528$1,514$1,015$0$0$278,415
193$2,528$1,508$1,020$0$0$277,394
194$2,528$1,503$1,026$0$0$276,369
195$2,528$1,497$1,031$0$0$275,337
196$2,528$1,491$1,037$0$0$274,301
197$2,528$1,486$1,042$0$0$273,258
198$2,528$1,480$1,048$0$0$272,210
199$2,528$1,474$1,054$0$0$271,156
200$2,528$1,469$1,060$0$0$270,097
201$2,528$1,463$1,065$0$0$269,031
202$2,528$1,457$1,071$0$0$267,960
203$2,528$1,451$1,077$0$0$266,884
204$2,528$1,446$1,083$0$0$265,801
205$2,528$1,440$1,089$0$0$264,712
206$2,528$1,434$1,094$0$0$263,618
207$2,528$1,428$1,100$0$0$262,518
208$2,528$1,422$1,106$0$0$261,411
209$2,528$1,416$1,112$0$0$260,299
210$2,528$1,410$1,118$0$0$259,181
211$2,528$1,404$1,124$0$0$258,056
212$2,528$1,398$1,130$0$0$256,926
213$2,528$1,392$1,137$0$0$255,789
214$2,528$1,386$1,143$0$0$254,647
215$2,528$1,379$1,149$0$0$253,498
216$2,528$1,373$1,155$0$0$252,342
217$2,528$1,367$1,161$0$0$251,181
218$2,528$1,361$1,168$0$0$250,013
219$2,528$1,354$1,174$0$0$248,839
220$2,528$1,348$1,180$0$0$247,659
221$2,528$1,341$1,187$0$0$246,472
222$2,528$1,335$1,193$0$0$245,279
223$2,528$1,329$1,200$0$0$244,079
224$2,528$1,322$1,206$0$0$242,873
225$2,528$1,316$1,213$0$0$241,660
226$2,528$1,309$1,219$0$0$240,441
227$2,528$1,302$1,226$0$0$239,215
228$2,528$1,296$1,233$0$0$237,983
229$2,528$1,289$1,239$0$0$236,743
230$2,528$1,282$1,246$0$0$235,498
231$2,528$1,276$1,253$0$0$234,245
232$2,528$1,269$1,259$0$0$232,985
233$2,528$1,262$1,266$0$0$231,719
234$2,528$1,255$1,273$0$0$230,446
235$2,528$1,248$1,280$0$0$229,166
236$2,528$1,241$1,287$0$0$227,879
237$2,528$1,234$1,294$0$0$226,585
238$2,528$1,227$1,301$0$0$225,284
239$2,528$1,220$1,308$0$0$223,976
240$2,528$1,213$1,315$0$0$222,661
241$2,528$1,206$1,322$0$0$221,339
242$2,528$1,199$1,329$0$0$220,010
243$2,528$1,192$1,337$0$0$218,673
244$2,528$1,184$1,344$0$0$217,329
245$2,528$1,177$1,351$0$0$215,978
246$2,528$1,170$1,358$0$0$214,620
247$2,528$1,163$1,366$0$0$213,254
248$2,528$1,155$1,373$0$0$211,881
249$2,528$1,148$1,381$0$0$210,500
250$2,528$1,140$1,388$0$0$209,112
251$2,528$1,133$1,396$0$0$207,717
252$2,528$1,125$1,403$0$0$206,314
253$2,528$1,118$1,411$0$0$204,903
254$2,528$1,110$1,418$0$0$203,484
255$2,528$1,102$1,426$0$0$202,058
256$2,528$1,094$1,434$0$0$200,625
257$2,528$1,087$1,442$0$0$199,183
258$2,528$1,079$1,449$0$0$197,734
259$2,528$1,071$1,457$0$0$196,276
260$2,528$1,063$1,465$0$0$194,811
261$2,528$1,055$1,473$0$0$193,338
262$2,528$1,047$1,481$0$0$191,857
263$2,528$1,039$1,489$0$0$190,368
264$2,528$1,031$1,497$0$0$188,871
265$2,528$1,023$1,505$0$0$187,366
266$2,528$1,015$1,513$0$0$185,852
267$2,528$1,007$1,522$0$0$184,331
268$2,528$998$1,530$0$0$182,801
269$2,528$990$1,538$0$0$181,263
270$2,528$982$1,546$0$0$179,717
271$2,528$973$1,555$0$0$178,162
272$2,528$965$1,563$0$0$176,599
273$2,528$957$1,572$0$0$175,027
274$2,528$948$1,580$0$0$173,447
275$2,528$940$1,589$0$0$171,858
276$2,528$931$1,597$0$0$170,260
277$2,528$922$1,606$0$0$168,654
278$2,528$914$1,615$0$0$167,040
279$2,528$905$1,623$0$0$165,416
280$2,528$896$1,632$0$0$163,784
281$2,528$887$1,641$0$0$162,143
282$2,528$878$1,650$0$0$160,493
283$2,528$869$1,659$0$0$158,834
284$2,528$860$1,668$0$0$157,166
285$2,528$851$1,677$0$0$155,489
286$2,528$842$1,686$0$0$153,803
287$2,528$833$1,695$0$0$152,108
288$2,528$824$1,704$0$0$150,403
289$2,528$815$1,714$0$0$148,690
290$2,528$805$1,723$0$0$146,967
291$2,528$796$1,732$0$0$145,235
292$2,528$787$1,742$0$0$143,493
293$2,528$777$1,751$0$0$141,742
294$2,528$768$1,761$0$0$139,982
295$2,528$758$1,770$0$0$138,212
296$2,528$749$1,780$0$0$136,432
297$2,528$739$1,789$0$0$134,643
298$2,528$729$1,799$0$0$132,844
299$2,528$720$1,809$0$0$131,035
300$2,528$710$1,818$0$0$129,217
301$2,528$700$1,828$0$0$127,388
302$2,528$690$1,838$0$0$125,550
303$2,528$680$1,848$0$0$123,702
304$2,528$670$1,858$0$0$121,844
305$2,528$660$1,868$0$0$119,975
306$2,528$650$1,878$0$0$118,097
307$2,528$640$1,889$0$0$116,208
308$2,528$629$1,899$0$0$114,310
309$2,528$619$1,909$0$0$112,400
310$2,528$609$1,919$0$0$110,481
311$2,528$598$1,930$0$0$108,551
312$2,528$588$1,940$0$0$106,611
313$2,528$577$1,951$0$0$104,660
314$2,528$567$1,961$0$0$102,699
315$2,528$556$1,972$0$0$100,727
316$2,528$546$1,983$0$0$98,744
317$2,528$535$1,993$0$0$96,751
318$2,528$524$2,004$0$0$94,746
319$2,528$513$2,015$0$0$92,731
320$2,528$502$2,026$0$0$90,705
321$2,528$491$2,037$0$0$88,668
322$2,528$480$2,048$0$0$86,620
323$2,528$469$2,059$0$0$84,561
324$2,528$458$2,070$0$0$82,491
325$2,528$447$2,081$0$0$80,410
326$2,528$436$2,093$0$0$78,317
327$2,528$424$2,104$0$0$76,213
328$2,528$413$2,115$0$0$74,097
329$2,528$401$2,127$0$0$71,971
330$2,528$390$2,138$0$0$69,832
331$2,528$378$2,150$0$0$67,682
332$2,528$367$2,162$0$0$65,520
333$2,528$355$2,173$0$0$63,347
334$2,528$343$2,185$0$0$61,162
335$2,528$331$2,197$0$0$58,965
336$2,528$319$2,209$0$0$56,756
337$2,528$307$2,221$0$0$54,535
338$2,528$295$2,233$0$0$52,302
339$2,528$283$2,245$0$0$50,057
340$2,528$271$2,257$0$0$47,800
341$2,528$259$2,269$0$0$45,531
342$2,528$247$2,282$0$0$43,249
343$2,528$234$2,294$0$0$40,955
344$2,528$222$2,306$0$0$38,649
345$2,528$209$2,319$0$0$36,330
346$2,528$197$2,331$0$0$33,998
347$2,528$184$2,344$0$0$31,654
348$2,528$171$2,357$0$0$29,298
349$2,528$159$2,370$0$0$26,928
350$2,528$146$2,382$0$0$24,546
351$2,528$133$2,395$0$0$22,150
352$2,528$120$2,408$0$0$19,742
353$2,528$107$2,421$0$0$17,321
354$2,528$94$2,434$0$0$14,886
355$2,528$81$2,448$0$0$12,439
356$2,528$67$2,461$0$0$9,978
357$2,528$54$2,474$0$0$7,503
358$2,528$41$2,488$0$0$5,016
359$2,528$27$2,501$0$0$2,515
360$2,528$14$2,515$0$0$0

Loan B

#PaymentInterestPrincipalExtraPMIEnd Balance
1$2,438$2,032$406$0$0$406,594
2$2,438$2,030$408$0$0$406,186
3$2,438$2,028$410$0$0$405,776
4$2,438$2,025$412$0$0$405,364
5$2,438$2,023$414$0$0$404,950
6$2,438$2,021$416$0$0$404,534
7$2,438$2,019$418$0$0$404,115
8$2,438$2,017$420$0$0$403,695
9$2,438$2,015$422$0$0$403,273
10$2,438$2,013$425$0$0$402,848
11$2,438$2,011$427$0$0$402,421
12$2,438$2,009$429$0$0$401,993
13$2,438$2,007$431$0$0$401,562
14$2,438$2,004$433$0$0$401,129
15$2,438$2,002$435$0$0$400,693
16$2,438$2,000$437$0$0$400,256
17$2,438$1,998$440$0$0$399,816
18$2,438$1,996$442$0$0$399,375
19$2,438$1,994$444$0$0$398,931
20$2,438$1,991$446$0$0$398,484
21$2,438$1,989$448$0$0$398,036
22$2,438$1,987$451$0$0$397,585
23$2,438$1,985$453$0$0$397,132
24$2,438$1,982$455$0$0$396,677
25$2,438$1,980$457$0$0$396,220
26$2,438$1,978$460$0$0$395,760
27$2,438$1,976$462$0$0$395,298
28$2,438$1,973$464$0$0$394,833
29$2,438$1,971$467$0$0$394,367
30$2,438$1,969$469$0$0$393,898
31$2,438$1,966$471$0$0$393,426
32$2,438$1,964$474$0$0$392,953
33$2,438$1,961$476$0$0$392,477
34$2,438$1,959$478$0$0$391,998
35$2,438$1,957$481$0$0$391,517
36$2,438$1,954$483$0$0$391,034
37$2,438$1,952$486$0$0$390,548
38$2,438$1,949$488$0$0$390,060
39$2,438$1,947$491$0$0$389,570
40$2,438$1,945$493$0$0$389,077
41$2,438$1,942$495$0$0$388,581
42$2,438$1,940$498$0$0$388,084
43$2,438$1,937$500$0$0$387,583
44$2,438$1,935$503$0$0$387,080
45$2,438$1,932$505$0$0$386,575
46$2,438$1,930$508$0$0$386,067
47$2,438$1,927$510$0$0$385,557
48$2,438$1,925$513$0$0$385,044
49$2,438$1,922$516$0$0$384,528
50$2,438$1,919$518$0$0$384,010
51$2,438$1,917$521$0$0$383,489
52$2,438$1,914$523$0$0$382,966
53$2,438$1,912$526$0$0$382,440
54$2,438$1,909$529$0$0$381,912
55$2,438$1,906$531$0$0$381,380
56$2,438$1,904$534$0$0$380,847
57$2,438$1,901$536$0$0$380,310
58$2,438$1,898$539$0$0$379,771
59$2,438$1,896$542$0$0$379,229
60$2,438$1,893$545$0$0$378,684
61$2,438$1,890$547$0$0$378,137
62$2,438$1,888$550$0$0$377,587
63$2,438$1,885$553$0$0$377,034
64$2,438$1,882$556$0$0$376,479
65$2,438$1,879$558$0$0$375,920
66$2,438$1,876$561$0$0$375,359
67$2,438$1,874$564$0$0$374,796
68$2,438$1,871$567$0$0$374,229
69$2,438$1,868$570$0$0$373,659
70$2,438$1,865$572$0$0$373,087
71$2,438$1,862$575$0$0$372,512
72$2,438$1,859$578$0$0$371,934
73$2,438$1,857$581$0$0$371,353
74$2,438$1,854$584$0$0$370,769
75$2,438$1,851$587$0$0$370,182
76$2,438$1,848$590$0$0$369,592
77$2,438$1,845$593$0$0$369,000
78$2,438$1,842$596$0$0$368,404
79$2,438$1,839$599$0$0$367,805
80$2,438$1,836$602$0$0$367,204
81$2,438$1,833$605$0$0$366,599
82$2,438$1,830$608$0$0$365,991
83$2,438$1,827$611$0$0$365,381
84$2,438$1,824$614$0$0$364,767
85$2,438$1,821$617$0$0$364,150
86$2,438$1,818$620$0$0$363,531
87$2,438$1,815$623$0$0$362,908
88$2,438$1,812$626$0$0$362,282
89$2,438$1,808$629$0$0$361,652
90$2,438$1,805$632$0$0$361,020
91$2,438$1,802$635$0$0$360,385
92$2,438$1,799$639$0$0$359,746
93$2,438$1,796$642$0$0$359,104
94$2,438$1,793$645$0$0$358,459
95$2,438$1,789$648$0$0$357,811
96$2,438$1,786$651$0$0$357,159
97$2,438$1,783$655$0$0$356,505
98$2,438$1,780$658$0$0$355,847
99$2,438$1,776$661$0$0$355,185
100$2,438$1,773$665$0$0$354,521
101$2,438$1,770$668$0$0$353,853
102$2,438$1,766$671$0$0$353,182
103$2,438$1,763$675$0$0$352,507
104$2,438$1,760$678$0$0$351,829
105$2,438$1,756$681$0$0$351,148
106$2,438$1,753$685$0$0$350,463
107$2,438$1,749$688$0$0$349,775
108$2,438$1,746$692$0$0$349,083
109$2,438$1,743$695$0$0$348,388
110$2,438$1,739$699$0$0$347,690
111$2,438$1,736$702$0$0$346,988
112$2,438$1,732$706$0$0$346,282
113$2,438$1,729$709$0$0$345,573
114$2,438$1,725$713$0$0$344,861
115$2,438$1,721$716$0$0$344,144
116$2,438$1,718$720$0$0$343,425
117$2,438$1,714$723$0$0$342,701
118$2,438$1,711$727$0$0$341,975
119$2,438$1,707$731$0$0$341,244
120$2,438$1,703$734$0$0$340,510
121$2,438$1,700$738$0$0$339,772
122$2,438$1,696$742$0$0$339,031
123$2,438$1,692$745$0$0$338,285
124$2,438$1,689$749$0$0$337,536
125$2,438$1,685$753$0$0$336,784
126$2,438$1,681$756$0$0$336,027
127$2,438$1,677$760$0$0$335,267
128$2,438$1,674$764$0$0$334,503
129$2,438$1,670$768$0$0$333,735
130$2,438$1,666$772$0$0$332,963
131$2,438$1,662$776$0$0$332,188
132$2,438$1,658$779$0$0$331,409
133$2,438$1,654$783$0$0$330,625
134$2,438$1,650$787$0$0$329,838
135$2,438$1,646$791$0$0$329,047
136$2,438$1,642$795$0$0$328,252
137$2,438$1,639$799$0$0$327,453
138$2,438$1,635$803$0$0$326,650
139$2,438$1,631$807$0$0$325,843
140$2,438$1,626$811$0$0$325,032
141$2,438$1,622$815$0$0$324,217
142$2,438$1,618$819$0$0$323,398
143$2,438$1,614$823$0$0$322,574
144$2,438$1,610$827$0$0$321,747
145$2,438$1,606$832$0$0$320,915
146$2,438$1,602$836$0$0$320,080
147$2,438$1,598$840$0$0$319,240
148$2,438$1,594$844$0$0$318,396
149$2,438$1,589$848$0$0$317,548
150$2,438$1,585$852$0$0$316,695
151$2,438$1,581$857$0$0$315,839
152$2,438$1,577$861$0$0$314,978
153$2,438$1,572$865$0$0$314,112
154$2,438$1,568$870$0$0$313,243
155$2,438$1,564$874$0$0$312,369
156$2,438$1,559$878$0$0$311,490
157$2,438$1,555$883$0$0$310,608
158$2,438$1,550$887$0$0$309,721
159$2,438$1,546$892$0$0$308,829
160$2,438$1,542$896$0$0$307,933
161$2,438$1,537$900$0$0$307,033
162$2,438$1,533$905$0$0$306,128
163$2,438$1,528$909$0$0$305,218
164$2,438$1,524$914$0$0$304,304
165$2,438$1,519$919$0$0$303,386
166$2,438$1,514$923$0$0$302,462
167$2,438$1,510$928$0$0$301,535
168$2,438$1,505$932$0$0$300,602
169$2,438$1,501$937$0$0$299,665
170$2,438$1,496$942$0$0$298,724
171$2,438$1,491$946$0$0$297,777
172$2,438$1,486$951$0$0$296,826
173$2,438$1,482$956$0$0$295,870
174$2,438$1,477$961$0$0$294,909
175$2,438$1,472$965$0$0$293,944
176$2,438$1,467$970$0$0$292,974
177$2,438$1,462$975$0$0$291,998
178$2,438$1,458$980$0$0$291,018
179$2,438$1,453$985$0$0$290,034
180$2,438$1,448$990$0$0$289,044
181$2,438$1,443$995$0$0$288,049
182$2,438$1,438$1,000$0$0$287,049
183$2,438$1,433$1,005$0$0$286,045
184$2,438$1,428$1,010$0$0$285,035
185$2,438$1,423$1,015$0$0$284,020
186$2,438$1,418$1,020$0$0$283,000
187$2,438$1,413$1,025$0$0$281,975
188$2,438$1,408$1,030$0$0$280,945
189$2,438$1,402$1,035$0$0$279,910
190$2,438$1,397$1,040$0$0$278,870
191$2,438$1,392$1,046$0$0$277,824
192$2,438$1,387$1,051$0$0$276,774
193$2,438$1,382$1,056$0$0$275,718
194$2,438$1,376$1,061$0$0$274,656
195$2,438$1,371$1,067$0$0$273,590
196$2,438$1,366$1,072$0$0$272,518
197$2,438$1,360$1,077$0$0$271,441
198$2,438$1,355$1,083$0$0$270,358
199$2,438$1,350$1,088$0$0$269,270
200$2,438$1,344$1,093$0$0$268,177
201$2,438$1,339$1,099$0$0$267,078
202$2,438$1,333$1,104$0$0$265,973
203$2,438$1,328$1,110$0$0$264,863
204$2,438$1,322$1,115$0$0$263,748
205$2,438$1,317$1,121$0$0$262,627
206$2,438$1,311$1,127$0$0$261,500
207$2,438$1,305$1,132$0$0$260,368
208$2,438$1,300$1,138$0$0$259,230
209$2,438$1,294$1,144$0$0$258,087
210$2,438$1,288$1,149$0$0$256,937
211$2,438$1,283$1,155$0$0$255,782
212$2,438$1,277$1,161$0$0$254,622
213$2,438$1,271$1,167$0$0$253,455
214$2,438$1,265$1,172$0$0$252,283
215$2,438$1,259$1,178$0$0$251,104
216$2,438$1,253$1,184$0$0$249,920
217$2,438$1,248$1,190$0$0$248,730
218$2,438$1,242$1,196$0$0$247,534
219$2,438$1,236$1,202$0$0$246,332
220$2,438$1,230$1,208$0$0$245,124
221$2,438$1,224$1,214$0$0$243,910
222$2,438$1,218$1,220$0$0$242,690
223$2,438$1,211$1,226$0$0$241,464
224$2,438$1,205$1,232$0$0$240,232
225$2,438$1,199$1,238$0$0$238,994
226$2,438$1,193$1,245$0$0$237,749
227$2,438$1,187$1,251$0$0$236,498
228$2,438$1,181$1,257$0$0$235,241
229$2,438$1,174$1,263$0$0$233,978
230$2,438$1,168$1,270$0$0$232,708
231$2,438$1,162$1,276$0$0$231,432
232$2,438$1,155$1,282$0$0$230,150
233$2,438$1,149$1,289$0$0$228,861
234$2,438$1,142$1,295$0$0$227,566
235$2,438$1,136$1,302$0$0$226,265
236$2,438$1,129$1,308$0$0$224,956
237$2,438$1,123$1,315$0$0$223,642
238$2,438$1,116$1,321$0$0$222,321
239$2,438$1,110$1,328$0$0$220,993
240$2,438$1,103$1,334$0$0$219,658
241$2,438$1,096$1,341$0$0$218,317
242$2,438$1,090$1,348$0$0$216,969
243$2,438$1,083$1,355$0$0$215,615
244$2,438$1,076$1,361$0$0$214,254
245$2,438$1,069$1,368$0$0$212,886
246$2,438$1,063$1,375$0$0$211,511
247$2,438$1,056$1,382$0$0$210,129
248$2,438$1,049$1,389$0$0$208,740
249$2,438$1,042$1,396$0$0$207,345
250$2,438$1,035$1,403$0$0$205,942
251$2,438$1,028$1,410$0$0$204,533
252$2,438$1,021$1,417$0$0$203,116
253$2,438$1,014$1,424$0$0$201,692
254$2,438$1,007$1,431$0$0$200,261
255$2,438$1,000$1,438$0$0$198,824
256$2,438$992$1,445$0$0$197,378
257$2,438$985$1,452$0$0$195,926
258$2,438$978$1,460$0$0$194,467
259$2,438$971$1,467$0$0$193,000
260$2,438$963$1,474$0$0$191,526
261$2,438$956$1,482$0$0$190,044
262$2,438$949$1,489$0$0$188,555
263$2,438$941$1,496$0$0$187,059
264$2,438$934$1,504$0$0$185,555
265$2,438$926$1,511$0$0$184,044
266$2,438$919$1,519$0$0$182,525
267$2,438$911$1,526$0$0$180,998
268$2,438$903$1,534$0$0$179,464
269$2,438$896$1,542$0$0$177,923
270$2,438$888$1,549$0$0$176,373
271$2,438$880$1,557$0$0$174,816
272$2,438$873$1,565$0$0$173,251
273$2,438$865$1,573$0$0$171,678
274$2,438$857$1,581$0$0$170,098
275$2,438$849$1,588$0$0$168,509
276$2,438$841$1,596$0$0$166,913
277$2,438$833$1,604$0$0$165,308
278$2,438$825$1,612$0$0$163,696
279$2,438$817$1,620$0$0$162,076
280$2,438$809$1,629$0$0$160,447
281$2,438$801$1,637$0$0$158,810
282$2,438$793$1,645$0$0$157,166
283$2,438$785$1,653$0$0$155,513
284$2,438$776$1,661$0$0$153,851
285$2,438$768$1,670$0$0$152,182
286$2,438$760$1,678$0$0$150,504
287$2,438$751$1,686$0$0$148,817
288$2,438$743$1,695$0$0$147,123
289$2,438$734$1,703$0$0$145,420
290$2,438$726$1,712$0$0$143,708
291$2,438$717$1,720$0$0$141,988
292$2,438$709$1,729$0$0$140,259
293$2,438$700$1,737$0$0$138,521
294$2,438$691$1,746$0$0$136,775
295$2,438$683$1,755$0$0$135,021
296$2,438$674$1,764$0$0$133,257
297$2,438$665$1,772$0$0$131,485
298$2,438$656$1,781$0$0$129,703
299$2,438$647$1,790$0$0$127,913
300$2,438$639$1,799$0$0$126,114
301$2,438$630$1,808$0$0$124,306
302$2,438$620$1,817$0$0$122,489
303$2,438$611$1,826$0$0$120,663
304$2,438$602$1,835$0$0$118,828
305$2,438$593$1,844$0$0$116,983
306$2,438$584$1,854$0$0$115,130
307$2,438$575$1,863$0$0$113,267
308$2,438$565$1,872$0$0$111,395
309$2,438$556$1,882$0$0$109,513
310$2,438$547$1,891$0$0$107,622
311$2,438$537$1,900$0$0$105,722
312$2,438$528$1,910$0$0$103,812
313$2,438$518$1,919$0$0$101,893
314$2,438$509$1,929$0$0$99,964
315$2,438$499$1,939$0$0$98,025
316$2,438$489$1,948$0$0$96,077
317$2,438$480$1,958$0$0$94,119
318$2,438$470$1,968$0$0$92,151
319$2,438$460$1,978$0$0$90,174
320$2,438$450$1,987$0$0$88,186
321$2,438$440$1,997$0$0$86,189
322$2,438$430$2,007$0$0$84,182
323$2,438$420$2,017$0$0$82,164
324$2,438$410$2,027$0$0$80,137
325$2,438$400$2,038$0$0$78,099
326$2,438$390$2,048$0$0$76,052
327$2,438$380$2,058$0$0$73,994
328$2,438$369$2,068$0$0$71,925
329$2,438$359$2,079$0$0$69,847
330$2,438$349$2,089$0$0$67,758
331$2,438$338$2,099$0$0$65,659
332$2,438$328$2,110$0$0$63,549
333$2,438$317$2,120$0$0$61,429
334$2,438$307$2,131$0$0$59,298
335$2,438$296$2,142$0$0$57,156
336$2,438$285$2,152$0$0$55,004
337$2,438$275$2,163$0$0$52,841
338$2,438$264$2,174$0$0$50,667
339$2,438$253$2,185$0$0$48,482
340$2,438$242$2,196$0$0$46,287
341$2,438$231$2,207$0$0$44,080
342$2,438$220$2,218$0$0$41,863
343$2,438$209$2,229$0$0$39,634
344$2,438$198$2,240$0$0$37,395
345$2,438$187$2,251$0$0$35,144
346$2,438$175$2,262$0$0$32,881
347$2,438$164$2,273$0$0$30,608
348$2,438$153$2,285$0$0$28,323
349$2,438$141$2,296$0$0$26,027
350$2,438$130$2,308$0$0$23,719
351$2,438$118$2,319$0$0$21,400
352$2,438$107$2,331$0$0$19,070
353$2,438$95$2,342$0$0$16,727
354$2,438$83$2,354$0$0$14,373
355$2,438$72$2,366$0$0$12,007
356$2,438$60$2,378$0$0$9,630
357$2,438$48$2,389$0$0$7,240
358$2,438$36$2,401$0$0$4,839
359$2,438$24$2,413$0$0$2,425
360$2,438$12$2,425$0$0$0

Introduction: What is a Mortgage Loan Comparison Calculator?

A mortgage loan comparison calculator helps you evaluate two (or more) offers side-by-side. A lower rate can look attractive, but higher fees or a longer term can erase the savings. This page shows monthly payments, total interest, effective APR (including fees), and payoff time—so you can see the real, all-in cost.

The Loan Comparison Calculator Tool

Enter the loan amount, rate (APR), term, and any lender fees for each scenario. Toggle whether fees are financed into the loan, and add optional extra payments to see how payoff time and total interest change. The results update instantly with a clear side-by-side summary and charts.

  • Monthly P&I and PITI (with property taxes, insurance, HOA).
  • Total interest and total paid (principal + interest).
  • Time to payoff with and without extra payments.
  • Effective APR (IRR of cashflows) that reflects the impact of fees.

How to Use the Calculator

  1. Fill out Loan A and Loan B with the quoted rate, term, and fees.
  2. Choose whether to finance fees or pay them upfront.
  3. Optionally add extra payments (monthly or one-time) to test early payoff scenarios.
  4. Use the Common section for property taxes, insurance, and HOA to see affordability (PITI).
  5. Review the side-by-side results, the payoff chart, and the amortization tables.

Example: Comparing Two Loans

Suppose both loans are $400,000 for 30 years. Loan A has 6.50% APR with $3,500 in fees. Loan B has 5.99% APR with $7,000 in fees (financed). Even if Loan B's monthly P&I is lower, the higher financed fees may reduce the advantage over time. The Effective APR and total interest metrics reveal the true winner.

Key Factors to Compare Beyond Interest Rate

APR vs. Interest Rate

The interest rate drives your monthly P&I. The APR wraps in eligible lender fees to show the effective cost of borrowing. Comparing APRs is the most apples-to-apples way to evaluate offers—especially when fees differ.

Loan Term (15-year vs. 30-year)

Shorter terms have higher monthly payments but dramatically less total interest and faster equity buildup. Longer terms keep monthly costs lower but increase lifetime interest.

Closing Costs and Fees

Lender origination fees, points, and third-party charges (appraisal, title, recording) can shift the winner. Financing fees raises the balance and interest paid; paying them upfront raises cash-to-close.

Adjustable-Rate vs. Fixed-Rate

ARMs often start lower but can adjust up or down. Fixed-rate loans are stable and predictable. If you consider an ARM, compare the index, margins, caps, and your likely time in the home.

How to Get and Compare Loan Estimates

Requesting Estimates from Lenders

Ask at least three lenders for official Loan Estimates on the same day (or within a short window) so the quotes are comparable.

Understanding Your Loan Estimate

Focus on the interest rate, APR, monthly payment, and cash to close. Compare sections with lender fees and third-party costs. Use our calculator to mirror those inputs and see lifetime impacts.

Comparing the Bottom Line

Look at monthly affordability (PITI), total interest, and payoff time. If fees differ, rely on Effective APR and total cost over your likely time horizon.

Strategies for Finding the Best Mortgage

  • Compare multiple lenders: Quotes vary—shopping around often saves thousands.
  • Negotiate fees: Ask about origination charges and whether points are optional.
  • Check service & reputation: Reviews and responsiveness matter during underwriting.
  • Test extra payments: Use the calculator to see interest saved by paying a bit more each month.

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Frequently Asked Questions (FAQs)

Is a lower interest rate always better?

Not always. Higher fees or a longer term can offset a lower rate. Compare total interest, effective APR, and payoff time to see the real winner.

How does my credit score affect my rate?

Lenders price risk. Higher scores usually get lower rates and fees. If your score is near a tier boundary, small improvements can meaningfully cut costs.

What are discount points and should I pay them?

Points are upfront fees to lower the rate. They make sense if you keep the loan long enough to reach the break-even where interest saved exceeds the cost of points.

How accurate are mortgage calculators?

They’re estimates based on your inputs and standard formulas. Actual offers depend on full underwriting, property details, and market conditions.

What is an escrow account?

Many lenders collect property taxes and insurance with your payment and pay those bills on your behalf. That portion is included in PITI but is not interest.

Disclaimer

This calculator provides educational estimates and is not a commitment to lend. Rates, fees, taxes, insurance, and terms vary by lender and borrower. For advice tailored to your situation, consult qualified professionals.

Estimates only. Taxes, insurance, PMI, fees, and rates vary by lender and location. For advice tailored to your situation, consult qualified professionals.