Mortgage Scenario Comparison

Compare different mortgage scenarios side by side to find the best option for your financial situation. This advanced calculator allows you to analyze multiple scenarios with different down payments, interest rates, amortization periods, and payment frequencies.

Mortgage Scenario Comparison

Scenario A

Purchase Price

Down Payment

(20.00%)

Interest Rate (%)

Amortization Period

Term Length

Payment Frequency

Mortgage Insurance

Include Insurance Premium

Prepayment Options

Extra Payment Per Period

Payment Increase (%)

Annual Lump Sum (% of initial principal)

Scenario B

Purchase Price

Down Payment

(5.00%)

Interest Rate (%)

Amortization Period

Term Length

Payment Frequency

Mortgage Insurance

Include Insurance Premium

Insurance Rate (%) (Suggested)

Calculated Premium: $0.00 (Added to mortgage total)

Prepayment Options

Extra Payment Per Period

Payment Increase (%)

Annual Lump Sum (% of initial principal)

This calculator provides estimates only and should not be considered financial advice. Mortgage insurance premiums and qualification rules can vary. Consult with a mortgage professional for personalized information.

How to Use This Tool

Enter details for two different mortgage scenarios you want to compare
Adjust parameters like purchase price, down payment, interest rate, and amortization period
Compare monthly payments, total interest paid, and principal balance over time
See the impact of different payment frequencies and prepayment options

Note: This tool provides estimates only. Actual mortgage payments may vary based on your specific situation and lender requirements.