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 consultant.

Purchase Info:
Your expected mortgage amount	?
		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)	?	$147,000.00		$139,500.00		124,500.00
Principal  interest payment	?	$881.34		$836.37		$746.44
Total payment (principal, interest, taxes insurance)	?	$1,082.59		$881.37		$791.44

Over the life of the    loan you will have    paid:

?

$389,732.14

$317,294.27

$284,918.55