Compare up to four mortgage scenarios side by side: payments, insurance premiums, stress-test qualification, cash to close, and where each leaves you after five years.
Frequently asked questions
What does this calculator actually compare?
Up to four mortgages side by side: payment, total interest over the term, and the balance left at renewal. Rate differences look tiny as decimals and get real in dollars.
Is the lowest rate always the winner?
No. A slightly higher rate with generous prepayment room or a fair penalty clause can beat the cheapest sticker, because most people break or change their mortgage before the term ends. Big-bank fixed penalties in particular can erase years of rate savings.
How do I compare fixed against variable fairly?
Run both at today’s numbers, then rerun the variable a point higher and a point lower. Right now the best insured five-year fixed is 4.24% and the variable is 3.60%, as of August 10, 2026.