Mortgage Comparison Calculator

Current Mortgage Details Property (A)
Market value existing property
$
Amount owed existing mortgage
$
Equity in property(s)
$
Mortgage rate (in percent; i.e. 4.5)
%
Loan term left in years
years
Mortgage repayment frequency
Likely real estate commission fee
%
Proposed Mortgage Details Property (B)
Market value proposed property
$
Equity to use after current mortgage (A) sale
$
You will owe on proposed mortgage
$
Mortgage rate (in percent; i.e. 4.5)
%
Loan term left in years
years
Mortgage repayment frequency
Current Mortgage (A) Costs
Cost of mortgage per
$
Cost of mortgage per year
$
Total cost of mortgage after years =
$
Proposed Mortgage (B) Costs
Cost of mortgage per
$
Cost of mortgage per year
$
Total cost of mortgage after years =
$
Situation Specific Summary
Equity in property (A) before sale
$
Likely real estate fees to sell current property (A)
$
Equity balance after sale of current property (A)
$
Equity remaining after purchase of (B)
$
Net in loan payment owed per
$
Net in loan payment owed per year
$
Net in total loan payment owed across both loans
$