Mortgage Loan Comparison Calculator

HomeExpertly
www.homeexpertly.com
Mortgage Comparison Calculator (USA)
Compare two fixed-rate mortgage options side-by-side in U.S. dollars. See monthly payments, payoff timelines, and total interest over the life of each loan, including the impact of extra principal payments.
Loan option A
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$
Extra principal payments can shorten your payoff time and reduce total interest paid.
Loan option B
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$
yrs
%
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$
$
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You can test a more aggressive payoff strategy here.
Results & comparison
Monthly payment breakdown (per loan)
Option A – P&I—
Option B – P&I—
Option A – Property tax—
Option B – Property tax—
Option A – Homeowners insurance—
Option B – Homeowners insurance—
Option A – PMI—
Option B – PMI—
Option A – HOA dues—
Option B – HOA dues—
Option A – Extra principal—
Option B – Extra principal—
Option A – Total monthly payment—
Option B – Total monthly payment—
Loan summary (each option)
Option A – Loan amount—
Option B – Loan amount—
Option A – Original payoff (no extra)—
Option B – Original payoff (no extra)—
Option A – Payoff with extra—
Option B – Payoff with extra—
Option A – Total interest (with extra)—
Option B – Total interest (with extra)—
Head-to-head comparison
Monthly payment difference (B − A) —
Total interest difference (with extra) —
Which option has lower total interest? —
Visuals
Total monthly payment – A vs B
Total interest (with extra) – A vs B
Amortization snapshots (first 12 months)
Option A – first 12 months
Month Payment Principal Interest Balance
Option B – first 12 months
Month Payment Principal Interest Balance
PDF export includes longer amortization schedules for both options.