Comparing Mortgage Terms

Different mortgage terms and rates can make selecting a mortgage confusing. Use this calculator to help determine the total cost of various mortgage alternatives taking into account the opportunity cost of your money.
Loan Amount
Amount of loan ($) 
Mortgage Alternatives and Assumptions
Loan1Loan2Loan3
Term (in years)
Annual interest rate
Comparison Assumptions
Comparison options/cost of moneyhelp
(%) 
Marginal tax bracket (%)help
Years to compare total costs: 
   
This is a hypothetical example used for illustrative purposes only. Actual results will vary.

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