Comparing mortgage terms (i.e. 15, 20, 30 year)

Different mortgage terms and rates can make the loan selection process confusing, especially if you don't plan on keeping the loan for the full term. Use this calculator to determine the total cost in today's dollars of various mortgage alternatives taking into account your opportunity cost of money.
Loan Amount
Amount of loan ($) 
Mortgage Alternatives and Assumptions
Loan1Loan2Loan3
Term (in years)
Annual interest rate
Comparison Assumptions
Comparison options/cost of moneyhelp
(%) 
Marginal tax bracket (%)help
Years to compare total costs: 
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