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Mortgage Loan Comparison Calculator
Want to compare the total cost of interest on a 30 year vs. 15 year mortgage? Want to compare the difference in the monthly payment for two different interest rates? Use our mortgage comparison calculator to compare 2 loans.
Compare two separate mortgage scenarios to find the most suitable option for your budget.
Examples:  Compare the total interest paid,  monthly payments for different interest rates,  monthly payments for different loan terms, etc.
Mortgage Loan Comparison Calculator
Want to compare the total cost of interest on a 30 year vs. 15 year mortgage? Want to compare the difference in the monthly payment for two different interest rates? Use our mortgage comparison calculator to compare 2 loans.
Mortgage Information
$
$
%
%

Interest Rate:
1.421%
1.299%
Loan Term:
6.2 yrs
3.1 yrs
Monthly P&I:
$380
$498
+$117

Total Interest Paid:
$78,992
$31,644
Total Principal Paid:
$57,923
$57,923
Total P&I Paid:
$136,915
$89,567
+$47,348
Created with Highcharts 10.1.0Total Principal and InterestLoan 1Loan 2202820302032203420362038204020422044204620482050205220540200k400k600k800kTotal Principal and InterestApril 2040 Loan 1: $330,923.76 Loan 2: $432,965.62
Loan 1 is $567 less per month. Loan 2 will save you $228,882 in interest.

 

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