Mortgage Matters RI · Rate Analysis Tool

Rate Option Comparison

Compare up to four interest rate options side by side — see the monthly principal & interest at each rate, what it costs (or credits) to get there, and exactly how many months it takes for the lower rate to pay for itself.

Loan Details
Enter the base loan amount and select the amortization term.
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Rate Options
Enter a rate for each option, then mark whether that rate carries a discount cost (paid at closing) or a lender credit (reduces closing costs).
Rate Discount / Credit
Results Monthly payment & break-even by option
Monthly Payment by Option
Principal & interest only, amortized over the selected term.
Break-Even Analysis
For each pair where one option costs more upfront but pays less per month, this shows how many months it takes for the monthly savings to recover the extra upfront cost.

Mortgage Matters RI  ·  Estimates for comparison purposes only, principal & interest only — taxes, insurance, and HOA not included  ·  Rates subject to change