Interest Only vs. Fixed

From Rent vs. Buy to Balance over Time, use these dynamic Mortgage Calculators to help you determine the best course of action when considering a home loan.

 
 

Mortgage and Rent Information

 
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Monthly Payment Results

Fixed Rate:

 

Interest Only:

 

*About Our Calculators

 
 
 

Interest Only vs. Fixed

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Year Fixed Rate Mortgage Payments Fixed Rate Mortgage Balance Interest Only Payments Interest Only Balance
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2 2 3 4 5
3 2 3 4 5
4 2 3 4 5
5 2 3 4 5
6 2 3 4 6
7 2 3 4 6
8 2 3 4 6
9 2 3 4 6
10 2 3 4 6
11 2 3 4 6
12 2 3 4 6
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14 2 3 4 6
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16 2 3 4 6
17 2 3 4 6
18 2 3 4 6
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20 2 3 4 6
21 2 3 4 6
22 2 3 4 6
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25 2 3 4 6
26 2 3 4 6
27 2 3 4 6
28 2 3 4 6
29 2 3 4 6
30 2 3 4 6
 
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