Mortgage Comparison Calculator
Change any entry in any column (price, down payment, rate, amortization, term or payment frequency) and see how the payment, the yearly cost and the principal and interest split change. Free users compare two mortgages; Premium compares up to five, with interest totals.
Your scenarios
Compare up to 5 with PremiumFree: compare 2 mortgagesPremium: compare up to 5
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| Item | Scenario A | Scenario B |
|---|---|---|
| Home price | $ | $ |
| Down payment | $ | $ |
| Rate (fixed) | % | % |
| Amortization | ||
| Term | ||
| Payment frequency | ||
| Payment | $4,427.78 per month | $4,033.72 per month |
| Mortgage amount | $800,000 | $800,000 |
| Per month (equivalent) | $4,427.78 | $4,033.72 |
| Per year | $53,133 | $48,405 |
| Monthly difference vs A | – | −$394.06 |
| Interest share of all payments | 40% | 45% |
| Payment breakdown | ||
| Principal and interest | ||
| Down payment | $200,000 (20.0%) | $200,000 (20.0%) |
| Minimum down payment | $75,000 | $75,000 |
| Insurance premium (added) | None (20% or more down) | None (20% or more down) |
| Other ways to pay | ||
| Monthly | $4,427.78 | $4,033.72 |
| Semi-monthly | $2,211.84 | $2,014.99 |
| Biweekly | $2,041.55 | $1,859.86 |
| Weekly | $1,020.34 | $929.53 |
| Accelerated biweekly | $2,213.89 | $2,016.86 |
| Accelerated weekly | $1,106.95 | $1,008.43 |
Fixed rates compounded semi-annually; insurance added when the down payment is under 20%. Rate held for the whole amortization. Estimate only, not a lending offer.
Calculations are estimates for general educational use and are not financial, mortgage, tax or legal advice, a lending offer or approval. Actual payments, qualification, rates, insurance, taxes and fees depend on your lender, contract and circumstances. Projections hold your entered rate constant after the term; future rates may differ.
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