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Mortgage Comparison Calculator

Mortgage Comparison Calculator

Calculator developed by
Michael Jensen
, Mortgage and Finance Guru
Edited by Harry Jensen

Use our Mortgage Comparison Calculator to compare the monthly payment, total interest expense and closing costs for up to three mortgages. The calculator simplifies the process of comparing mortgage quotes from multiple lenders which often vary widely and use different terminology. You can use this information to select the mortgage, program and lender that are right for you.

Watch our Mortgage Comparison Calculator "How To" video

Inputs

Mortgage Info
Indicates the size and type of mortgage you would like to obtain
Please Enter Mortgage Amount
Please Select Mortgage Type
Submit Valid Info to Compare Lenders and Save Money!When you provide valid personal info we may connect you with lenders which enables you to compare mortgage proposals and find the mortgage that is right for you. Click calculator for a version of this calculator that does not require personal info
Borrower Info
Please Select Credit Score
Please Enter Your First & Last Name
Please Enter a Valid First Name
Please Enter a Valid Last Name
Please Enter Your Phone Number
Please Enter a Valid Phone
Please Enter Your Email
Please Enter a Valid Email
Mortgage 1
Mortgage 2
Mortgage 3
Mortgage Term (Years)
The length, in years, of the mortgage. The most common mortgage term is 30 years
Please Enter Mortgage Amount
Interest Rate (%)
The current interest rate for a 30 year fixed rate mortgage is approximately 5.750%
Total Closing Costs ($)
Total of all fees charged by lender or mortgage broker to process your mortgage.
By clicking the button above, you agree to allow FREEandCLEAR to connect you with lenders or other third parties and that FREEandCLEAR and other parties may contact you at the email address and phone number you provided, even if your number appears on a Do Not Call Registry or List. Your consent is not a condition to work with a lender or to qualify for a mortgage. Please review our Privacy Policy for more information. NMLS: 357085

Outputs

Mortgage 1
Mortgage 2
Mortgage 3
Estimated Monthly Mortgage Payment (Principal and Interest) ($)
Total Interest Expense Over the Life of the Mortgage ($)
Total Closing Costs ($)
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Current Mortgage Rates in Columbus, Ohio as of May 19, 2024
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Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Read through our lender table disclaimer for more information on rates and product details.
While we pride ourselves on the quality and breadth of the FREEandCLEAR mortgage calculators please note that they should be used for informational purposes only. Our calculators rely on assumptions by us and inputs and assumptions provided by you, which may be inaccurate. The outputs from our calculators are estimates only and should not be used as the sole basis for making any financial decisions. Always consult multiple financial professionals when determining the mortgage size and program that is appropriate for you.

About the calculator developer

Michael Jensen, Mortgage and Finance Guru

Michael is the co-founder of FREEandCLEAR. Michael possesses extensive knowledge about mortgages and finance and has been writing about mortgages for nearly a decade. His work has been featured in leading national and industry publications. More about Michael

Michael Jensen LinkedInLinkedIn | Email Michael JensenEmail