Compare Mortgage Payments

Use this calculator to compare mortgage payments and other monthly costs for different mortgage loan types. Get an estimate of the potential tax credit if you itemize and deduct interest on the loan.

For more information about mortgage loans and current interest rates, visit our Mortgage Loan Center.

Enter information in Steps 1 and 2, then scroll down and click Calculate to compare costs and view the comparison chart.

Step 1: Enter costs and tax informationHelp
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Step 2: Compare up to 3 loansHelp
Loan #1 -- Enter term & rate
Monthly payment (prin. & int. only):$ 
Total monthly costs*:$ 
Cuts your income tax by (year one):$ 

Loan #2 -- Enter term & rate
Monthly payment (prin. & int. only):$ 
Total monthly costs*:$ 
Cuts your income tax by (year one):$ 

Loan #3 -- Enter term & rate
Monthly payment (prin. & int. only):$ 
Total monthly costs*:$ 
Cuts your income tax by (year one):$ 

* Total monthly costs is the sum of the monthly payment and any additional costs calculated or entered in Step 1. Click here for more details.

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