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  Mortgage Comparison Calculator  
Instructions & Assumptions
  Mortgage A   Mortgage B  
Country Canada USA Country Canada
$1.00 Canada
  Mortgage Balance   Mortgage Balance  
Interest Rate Type
Interest Rate Type
Interest Rate
Interest Rate
1
Amortization (40 Years max)
Amortization (40 Years max)
Payments per Year
Payments per Year
Term (yrs) Rate per period Term (yrs)
  Payments in Term Fixed Rate Payments in Term  
Payments in Mortgage Variable Rate Payments in Mortgage
Payment
Payment
Custom Payment Monthly (12) Custom Payment
1 Semi-Monthly (24)
  Repayment Options Bi-Weekly (26) Repayment Options  
1 Accelerated Bi-Weekly (26)
  Skip a Payments per Year Weekly (52) Skip a Payments per Year  
Double Up Payment Amount
Double Up Payment Amount
Double Ups Per Year
Double Ups Per Year
Lump Sum Payment Amount
Lump Sum Payment Amount
Annual Percentage Increase
Annual Percentage Increase
1
Unique Payments can be made every year by entering them in the Mortgage Table next to the selected year.
1
  All results are calculated based on the input variables provided by the user, and assumptions that are believed to be reasonable. UltimateCalculators.com does not make any express or implied warranties with respect to the information or results in connection to this, or any other calculator. UltimateCalculators.com will not be held liable for any losses or damages resulting from any errors or omissions in any information or results, or any action or decision made by users in reliance on any information or results. Please consult a financial professional when making important financial decisions. Parts of this page are copyrighted © 2002-2007 Framtidsforum I&M AB, SWEDEN.  
© Copyright UltimateCalculators.com 2010, All Rights Reserved.
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  Mortgage A Table  
  Year Regular Payment Beginning Balance Total Payments Interest Principle Ending Balance Double Ups Lump Sum % Increases Unique Payment Total Extra Payments  
1
  All results are calculated based on the input variables provided by the user, and assumptions that are believed to be reasonable. UltimateCalculators.com does not make any express or implied warranties with respect to the information or results in connection to this, or any other calculator. UltimateCalculators.com will not be held liable for any losses or damages resulting from any errors or omissions in any information or results, or any action or decision made by users in reliance on any information or results. Please consult a financial professional when making important financial decisions. Parts of this page are copyrighted © 2002-2007 Framtidsforum I&M AB, SWEDEN.  
© Copyright UltimateCalculators.com 2010, All Rights Reserved.
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  Mortgage B Table  
  Year Regular Payment Beginning Balance Total Payments Interest Principle Ending Balance Double Ups Lump Sum % Increases Unique Payment Total Extra Payments  
1
  All results are calculated based on the input variables provided by the user, and assumptions that are believed to be reasonable. UltimateCalculators.com does not make any express or implied warranties with respect to the information or results in connection to this, or any other calculator. UltimateCalculators.com will not be held liable for any losses or damages resulting from any errors or omissions in any information or results, or any action or decision made by users in reliance on any information or results. Please consult a financial professional when making important financial decisions. Parts of this page are copyrighted © 2002-2007 Framtidsforum I&M AB, SWEDEN.  
© Copyright UltimateCalculators.com 2010, All Rights Reserved.
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  Mortgage Comparison Report  
  Mortgage A     Mortgage B  
Total Interest Paid
Total Interest Paid
Total Number of Payments
Total Number of Payments
Years to Pay Off
Years to Pay Off
Total Payments Made
Total Payments Made
Additional Payments Made
Additional Payments Made
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Difference in Interest Cost
Mortgage A Mortgage B
Total Payments
Difference in Number of Payments
Total Interest
Additional Payments
Difference in Years to Pay Off
Difference in Additional Payments
A
  B          
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  At the End of the Term  
  Mortgage A     Mortgage B  
Balance
Balance
Number of Payments Made
Number of Payments Made
Payments Made in Term
Payments Made in Term
Interest Paid
Interest Paid
Principle Paid
Principle Paid
Additional Payment Made
Additional Payments Made
  All results are calculated based on the input variables provided by the user, and assumptions that are believed to be reasonable. UltimateCalculators.com does not make any express or implied warranties with respect to the information or results in connection to this, or any other calculator. UltimateCalculators.com will not be held liable for any losses or damages resulting from any errors or omissions in any information or results, or any action or decision made by users in reliance on any information or results. Please consult a financial professional when making important financial decisions. Parts of this page are copyrighted © 2002-2007 Framtidsforum I&M AB, SWEDEN.  
© Copyright UltimateCalculators.com 2010, All Rights Reserved.
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