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£35,000.00 Mortgage Comparison Calculator

Our Mortgage Comparison Calculator gives you the opportunity to compare two fixed rate mortgage plans against a mortgage of £35,000.00.

While using the calculator you are able to change the value of the mortgage (by default this would be set to £35,000.00 for illustration purposes), you are also able to change the value of the annual interest rate of the mortgage, and the number of months for several plans in the boxes below. This provides you with the opportunity to see different mortgage costs, the amounts paid, and how much you would repay monthly on your mortgage of £35,000.00

The monthly payments, as well as the total interest and the total amounts of the plan are calculated with this calculator. The results are shown in a table to display each plan efficiently and show what the payment schedule would be for each plan.

Mortgage Comparison Calculator

Mortgage Amount:

Mortgage Term: years

Details of Mortgage
#	Amt	Interest Rate (%)	Mortgage Term (mths)	Mthly Pmt.	Tot Int. Paid	Tot Pmts
1				661	4632	39632
2				693	6585	41585

The number of decimal places is set at 0 by default, but can be changed.

Decimal Places

Comparison Summary
	Mortgage #1	Mortgage #2	Diff.
Principal	35000	35000	No diff.
Annual Interest Rate (%)	5	7	2
Term (months)	60	60	No diff.
Monthly Payment	660	693	33
Total Interest	4630	6583	1953
Total Payments	39630	41583	1953

Monthly Mortgage Payment Comparison Table
#	Mortgage #1			Mortgage #2
#	Prin.	Int.	Bal.	Prin.	Int.	Bal.
1	515	146	34485	489	204	34511
2	517	144	33968	492	201	34019
3	519	142	33448	495	198	33525
4	522	139	32926	497	196	33027
5	524	137	32403	500	193	32527
6	526	135	31877	503	190	32024
7	528	133	31348	506	187	31518
8	530	131	30818	509	184	31009
9	533	128	30285	512	181	30496
10	535	126	29751	515	178	29981
11	537	124	29214	518	175	29463
12	539	122	28674	521	172	28942
13	542	119	28133	524	169	28418
14	544	117	27589	527	166	27891
15	546	115	27043	530	163	27360
16	548	113	26495	533	160	26827
17	551	110	25944	537	156	26290
18	553	108	25391	540	153	25751
19	555	106	24836	543	150	25208
20	558	103	24278	546	147	24662
21	560	101	23719	549	144	24113
22	562	99	23156	552	141	23561
23	565	96	22592	556	137	23005
24	567	94	22025	559	134	22446
25	569	92	21456	562	131	21884
26	572	89	20884	565	128	21319
27	574	87	20310	569	124	20750
28	576	85	19734	572	121	20178
29	579	82	19155	575	118	19603
30	581	80	18574	579	114	19024
31	584	77	17990	582	111	18442
32	586	75	17404	585	108	17857
33	588	73	16816	589	104	17268
34	591	70	16225	592	101	16676
35	593	68	15631	596	97	16080
36	596	65	15036	599	94	15481
37	598	63	14437	603	90	14878
38	601	60	13836	606	87	14272
39	603	58	13233	610	83	13662
40	606	55	12627	613	80	13049
41	608	53	12019	617	76	12432
42	611	50	11408	620	73	11812
43	613	48	10794	624	69	11187
44	616	45	10178	628	65	10560
45	619	42	9560	631	62	9928
46	621	40	8939	635	58	9293
47	624	37	8315	639	54	8654
48	626	35	7688	643	50	8012
49	629	32	7060	646	47	7366
50	632	29	6428	650	43	6716
51	634	27	5794	654	39	6062
52	637	24	5157	658	35	5404
53	640	21	4517	661	32	4743
54	642	19	3875	665	28	4077
55	645	16	3230	669	24	3408
56	648	13	2583	673	20	2735
57	650	11	1933	677	16	2058
58	653	8	1280	681	12	1377
59	656	5	624	685	8	692
60	624	3	0	692	4	0

Principal Column (Prin.): Displays the amount of the mortgage that is paid off.
Interest Column (Int.): Displays the interest that has been paid against the outstanding balance of the mortgage.
Balance Column (Bal.): Displays the remaining principal balance due after each month.

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Rating: 2.8/5 (10 votes)