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 Compare Three Loans

This mortgage calculator will compare up to three loans side-by-side. Use different down payments, interest rates, etc., to see how your payments will change and how much each loan will cost.

NOTE: If you put a down payment of less than 20%, many lenders will require that you pay Private Mortgage Insurance (PMI) which will increase your monthly payment. Please seek a qualified loan counsultant.
Purchase price
?
Loan #1
Loan #2
Loan #3
Down payment

Interest rate

Term
(usually 30 or 15 years)

How many points
(Enter 0 if no points)

Fees or closing costs
(including points)
?
?
?
?
?
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Loan amount
(including points & closing cost)

Principal & interest payment

Total payment
(principal, interest, taxes &
insurance)

Over the life of the
loan you will have paid:
?
$147,000.00
$139,500.00
$124,500.00
?
$881.34
$836.37
$746.44
?
$1,082.59
$881.37
$791.44

Calculator Disclosure
The calculated results are not guaranteed to be accurate and are in no way are endorsed, offered or guaranteed by MortgageCalculators123, its affiliates, sister sites, or parent company. The information provided with these calculators is for illustrative purposes only. Any information entered can and may vary from your actual loan. Any tax results (property or income tax) are based on user inputs and cannot be considered accurate simply due the each state's and counties tax laws; we highly recommend you should seek a qualified tax advisor and loan consultant for a more specific and personalized profile. All figures including principal, terms and interest rates are strictly hypothetical.
For the latest mortgage rates click here
Click on the ? for explanation of any mortgage term.
?
$389,732.14
$317,294.27
$284,918.55
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Rates as of     03-25-05 Today
Loan Type Rate