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Compare mortgage terms (i.e. 15yr, 20yr, 30yr)

Different mortgage terms (ie: 15yr, 20yr, 30yr) 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.

Mortgage Alternatives and Assumptions

Amount of loan $
  Loan1 Loan2 Loan3
Term: (in years) (1-30) (1-30) (1-30)
Annual interest rate: (0-30) % (0-30) % (0-30) %

Comparison Assumptions

Comparison options/cost of money: % (0-30)
Marginal tax bracket: (0-50) %
Years to compare total costs: (1-30)
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This calculator is provided by Financial Calculators, Inc., and is intended solely for general information and education purposes. You should not take any action on the basis of the information provided through this calculator. Please see the disclaimer for further information and limitations.

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