Compare mortgage options side by side

Comparing two homes, or 10% vs. 20% down? The monthly payment is only part of it. Each option here gets the same monthly budget, and whatever it doesn't spend on housing is invested, so a cheaper option gets credit for the money it frees up. The answer is each option's net worth when you sell.

Home & loan

State

Home price$

Down payment%

Interest rate%

Loan term

Home costs & growth

Home appreciation%/yr

Property tax%/yr

Estimated: U.S. average effective rate (Census 2023). Enter your own if you know it.

Maintenance%/yr

Home insurance$/yr

Estimated: about 0.5% of the home price per year. Enter your own if you know it.

HOA$/mo

More details

Closing costs$

Loan type

PMI (if under 20% down)%/yr