CORNELL MORTGAGES
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    HOME LOAN COMPARISON CALCULATOR

    Compare your loan options

    Compare two different loan structures side-by-side to understand the impact of rates, fees, offset accounts, and loan terms on your overall costs.

    Free to use
    No impact on your credit score
    Not a loan application

    Different lenders may assess the same information differently. Your result is an estimate, not a lending decision.

    Home Loan Comparison Calculator

    Compare two loan structures to estimate repayment differences, interest savings, and break-even periods.

    Current Loan (Option A)

    25 Years

    New Loan (Option B)

    30 Years

    Comparison Results

    See how the two options compare over your chosen period.

    5 Years

    Repayment Difference

    $349/mo

    Option B is cheaper

    Total Cost Difference (5 Yrs)

    $8,799

    Option B saves you money

    Break-even Period

    2months

    To recover Option B upfront fees

    MetricOption AOption B
    Monthly Repayment$3,376$3,027
    Interest (5 Years)$147,717$140,293
    Fees (5 Years)$1,975$600
    Total Cost (5 Years)$149,692$140,893
    Balance at End of Period$445,154$458,688
    Life of Loan Interest$438,846$496,910

    Term Extension Effect: Option B has a longer term (30 years) than Option A (25 years). While this reduces monthly repayments, it may increase the total interest paid over the life of the loan. In this scenario, extending the term costs an estimated $58,064 more in total interest.