Amortization Calculator
Run three options side by side and show the borrower exactly what changes.
Their current loan (optional)
Today's payment
—
New loan term
Option 1
Monthly payment
$3,593.45
Total interest$693,641
Monthly savings$298.14
Over 30 yrs$107,331
Option 2
Monthly payment
$3,743.22
Total interest$747,559
Monthly savings$148.37
Over 30 yrs$53,413
Option 3
Monthly payment
$3,891.59
Total interest$800,972
Monthly savings—
Over 30 yrs—
Savings shown vs. the highest-cost option. Add their current loan above to compare against today’s payment instead. Principal & interest only — taxes, insurance, and mortgage insurance are excluded.