A clearer way to compare
Mortgage Planner.
Explore a home purchase, refinance, or debt consolidation with numbers you can change.
Compare your options
Example numbers are filled in to show how it works. Replace them with your own.
What changes?
Principal & interest onlyA lower payment can come from a longer term. Compare the total cost and balance too. Taxes, insurance, mortgage insurance, and other charges are not included.
See the payoff impact
Amortization table
New loan, including the extra principal entered above.
| Month | Payment | Principal | Interest | Extra | Balance |
|---|
The final payment adjusts for the remaining balance. Actual lender schedules can differ due to timing, rounding, and fees.
Compare three loan paths.
Use the same price and home costs, then adjust the rate and down payment for each program. The starting rates and costs are examples, not offers.
Your purchase numbers
Monthly payment comparison
Initial estimated payment, including principal, interest, tax, insurance, HOA, and mortgage insurance when applicable.
Program eligibility, loan limits, mortgage insurance, tax, insurance, and final cash needed can differ. These examples do not include prepaid interest, escrow deposits, or other charges not entered above.
Would one payment change the picture?
Enter your current balances, APRs, and payments. Then compare them with an example fixed-rate consolidation loan. The starting figures are illustrations, not available loan terms.
Current debts
Proposed consolidation loan
A smaller payment can mean paying for longer or paying more overall. A home equity loan or cash-out refinance may put your home at risk if you cannot repay. This estimate assumes fixed rates and on-time payments, with no new charges, taxes, insurance, mortgage insurance, or other costs. Actual loan terms, eligibility, and APR may differ.