Compare Mortgage Scenarios
Put two or three offers next to each other. The lowest payment, the lowest interest, and the lowest total are labeled in words, because the winner is rarely the same column.
Written for Equidwell and last checked in October 2026. We build the calculators on this site. We are not a lender, and this page is not advice for your loan.
How this calculator works
- Each column has its own price, down payment, rate, and term.
- Taxes and insurance use the same placeholders in every column so the loan is what changes.
- Monthly payment includes those placeholders plus estimated PMI when the down payment is under 20%.
- A tie is highlighted on every column that shares the best value.
The lowest payment is not always the lowest cost
A 30-year loan often wins the monthly payment and loses on interest. A 15-year loan often does the opposite. Both results stay on the table so one highlighted cell cannot hide the other.
Use it for 15 versus 30, 10% down versus 20%, or two quotes sitting on your kitchen table. The rates are whatever you type.
Sources
Common questions
Can I compare more than three loans?
The page holds three at a time. Remove one if you want to test a different offer.
Why do the columns share taxes and insurance?
So a difference in payment comes from the loan terms, not from a different tax guess in one column. Change the price if the homes themselves differ.
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Longer guides on these topics are linked from the guides library.