Mortgage Comparison Calculator

Compare two mortgage scenarios side by side. See the difference in monthly payments, total interest, and overall cost.

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Loan A

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Loan B

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Loan A — Monthly Payment $2,085 30-year at 6.79%
Loan B — Monthly Payment $2,700 15-year at 5.99%
Loan A Loan B Difference
Monthly Payment $2,085 $2,700 +$615
Total Interest $430,629 $166,070 -$264,559
Total Cost (incl. fees) $750,629 $489,270 -$261,359
Interest Savings Loan B saves $264,559 in interest
Loan A
$750,629
Loan B
$489,270
Loan A Loan B
Loan B saves you $261,359 over the life of the loan, but costs $615 more per month
Monthly Payment Difference $615/mo more with Loan B
Total Interest Saved $264,559
Break-Even on Points/Fees N/A
Total Cost Difference Loan B saves $261,359

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