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Mortgage Comparison

Side-by-Side Loan Analysis

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Loan A
$
$
%
Principal
$340,000
LTV
80.0%
Monthly P&I
$2,234
Loan B
$
$
%
Principal
$340,000
LTV
80.0%
Monthly P&I
$2,915
Loan C
$
$
%
Principal
$340,000
LTV
80.0%
Monthly P&I
$2,149
Loan Summary
30yr Fixed
$2,234
Monthly Payment (P&I)
Total Interest
$464,081
Total Cost
$804,081
Down Payment
$85,000
LTV Ratio
80.0%
Rate
6.875%
Term
30 yrs
15yr Fixed
Lowest Total Cost
$2,915
Monthly Payment (P&I)
Total Interest
$184,743
Total Cost
$524,743
Down Payment
$85,000
LTV Ratio
80.0%
Rate
6.25%
Term
15 yrs
30yr + Points
Lowest Payment
$2,149
Monthly Payment (P&I)
Total Interest
$433,651
Total Cost
$773,651
Down Payment
$85,000
LTV Ratio
80.0%
Rate
6.5%
Term
30 yrs
Total Cost Breakdown
Principal vs. total interest paid over life of loan
Amortization Analysis
Balance Over Time
Remaining principal balance by year
Payment Comparison
Monthly P&I across all scenarios
30yr Fixed$2,234/mo
Total interest: $464,08130yr
15yr Fixed$2,915/mo
Total interest: $184,74315yr
30yr + Points$2,149/mo
Total interest: $433,65130yr
Best Total Value
15yr Fixed
Saves $279,338 vs. highest cost option
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Amortization Analysis
Balance curves, interest breakdown & year-by-year schedule
Affordability Check
$
Monthly: $10,000
30yr Fixed
22.3%
Debt-to-Income Ratio
Excellent · $2,234/mo total
15yr Fixed
29.2%
Debt-to-Income Ratio
Good · $2,915/mo total
30yr + Points
21.5%
Debt-to-Income Ratio
Excellent · $2,149/mo total
DTI Guidelines: Below 28% — Excellent · 28–36% — Good · 36–43% — Caution · Above 43% — High Risk (most lenders cap at 43%)
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Affordability Check
DTI ratio, monthly payment analysis & lender guidelines
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