Comparing mortgage terms

Different mortgage terms and rates can make the loan selection process confusing, especially if you don't plan on keeping the loan for the full term. Use this calculator to determine the total cost in today's dollars of various mortgage alternatives taking into account your opportunity cost of money.

Loan Amount

Amount of loan ($)

Mortgage Alternatives and Assumptions

	Loan1 (1 to 40)	Loan2 (1 to 40)	Loan3 (1 to 40)
Term (in years)
Annual interest rate

Comparison Assumptions

Comparison options/cost of moneyCost only (0%)Inflation (3.5%)Specify (below)

(0% to 40%)

Marginal tax bracket (0% to 75%)

Years to compare total costs: (1 to 30)

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