Mortgage Term Comparison Calculator

OWN PHX AZ

30-Year vs Custom Term Mortgage Compare payments & total interest • Estimates only

Step 1 – Enter Your Loan Details

City

Purchase Price ($)

Down Payment (%)

Interest Rate (%)

Default 6.25% but fully editable.

Closing Costs (% of price)

Annual Homeowners Insurance ($)

Default $1,500/yr. Edit as needed.

Monthly HOA ($)

Mortgage Insurance % (PMI/MIP)

Annual % of loan if < 20% down. Set to 0 if not applicable.

Step 2 – Choose a Term to Compare Against 30 Years

Compare 30-Year vs:

All terms use the same rate input above for a clean comparison.

Email Me the Amortization

Your Email (to CC on the email)

Clicking the button below will open your email app with both amortization schedules (30-year and the comparison term) prefilled.

Disclaimer: This tool is for educational purposes only. Rates, taxes, insurance, and closing costs are estimates and may change. Always verify numbers with a licensed lender and tax professional.

Choosing the right mortgage term can save—or cost—you tens of thousands over time. This calculator lets you instantly compare a 15-, 20-, or 30-year mortgage, showing the exact payments, interest costs, and long-term savings so you can choose the smartest option for your financial goals.