New Design Not working For You?

If the new page layout is not working for you, please Contact Me and let me know what device, operating system, and web browser (with version numbers) you are using so I can attempt to get the layout working for your setup.

About the Redesign

If you visited this site prior to September 15th, 2018, you've no doubt noticed that I've since launched a complete redesign of the website.

If you're not happy with the new design, I sincerely apologize. I would have preferred to keep the old desktop design, but considering the majority of my site's users are now accessing the site from small-screen, touch-enabled, mobile devices, and considering Google is now penalizing websites for not being mobile/thumb friendly, I was left with no choice but to switch to a responsive, mobile-first design.

The good news is that now that I have combined the three separate versions of the site (mobile, desktop, and ad-free member) into a single design, this will free up a ton of my time for working to make the mobile-optimized calculators more desktop/laptop friendly. In fact, some of the redesigned calculators already offer a desktop-optimized form that becomes visible when you increase the width setting of the calculator (within the "Calculator Preferences" expandable panel).

Thank you in advance for your help and patience as I work to improve the redesign.


Calculator Preferences
Mortgage Interest Rates Calculator Sign

Mortgage Interest Rates Calculator

This calculator will calculate and compare the total interest costs of up to 10 different mortgage rates at one time. You might be shocked at the difference a single point can make when spread out over 30 years. The calculator also takes each rate and tells you the number of years you will need to work just to pay the interest. Results include a comparison chart, a bar graph, and a printer friendly report. The Myth tab includes:

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  • What does living beyond your means mean?
  • How to live free in the land of the free.
Learn More

Selected Data Record:

A Data Record is a set of calculator entries that are stored in your web browser's Local Storage. If a Data Record is currently selected in the "Data" tab, this line will list the name you gave to that data record. If no data record is selected, or you have no entries stored for this calculator, the line will display "None".

DataData recordData recordSelected data record: None
Mortgage amt:Mortgage amount:Mortgage amount:Mortgage amount:

Mortgage amount:

Enter the amount of the mortgage (home loan amount, or principal). Enter as a dollar amount, but without the dollar sign and any commas.

# of years:Number years:Term in number of years:Home loan term in number of years:

Home loan term in number of years:

Enter the home loan term in number of years (15, 20, 25, and 30 years are common loan terms).

Wage/hrHourly wageReal hourly wageReal hourly wage:

Real hourly wage:

Optional: Enter your real hourly wage (RHW is the after-tax, after work-related expense wage earned per hour devoted to working). Enter as a dollar amount, but without the dollar sign and any commas. If you do not know your RHW, click the link to open the real hourly wage calculator in a new window.

# of rates:Number of rates:Number of rates to compare:Number of interest rates to compare:

Number of interest rates to compare:

Select the number of different interest rates you would like to compare. This will display an entry row for each rate in the form below.

Select Rates

Select Rates:

After selecting the number of rates to compare, the Mortgage Rate List will be populated with the selected number of entry rows.

Select the variable you wish to appear in the right-most column (Pmt = Monthly Payment, Tot = Total of all payments, Int = Interest cost through payoff, Hrs = Work hours required to pay the interest cost). You can change the 3rd column variable at any time.

For each entry row in the Mortgage Rate List, select the interest rate (Rate) you wish to compare with other rates. At least 2 rows must contain values in the right-most column before the "Create Comparison" button will be enabled.

To bulk fill the Rate column, select the Rate to fill from the menu in the header row. You can then make changes to individual rows.

If you would like to save the current entries to the secure database, tap or click on the Data tab, select "New Data Record", give the data record a name, then tap or click the Save button. To save changes to previously saved entries, simply tap the Save button. Please select and "Clear" any data records you no longer need.

Feedback AppreciatedFeedback Greatly AppreciatedYour Feedback Would Be Greatly AppreciatedYour Feedback Is Greatly Appreciated


Help and Tools

Help and Tools:

This section, which you can Unstick or Hide in the Calculator Preferences (just above the top of the calculator), contains the following tabs (content too long to fit within bordered frame can be scrolled up and down):

About: Click this tab for an introduction to the calculator.

Instructions: Click this tab for step-by-step instructions for using the calculator.

Terms: Click this tab for a list of the descriptions that are located within each popup help button (info icons).

PCalc: Click this tab for a handy "pocket" calculator you can use when you need to calculate an entry needed for the calculator.

Data: Click this tab to save a set of entries or a note in between visits. Entries and notes will be stored to your web browser's local storage (if supported by your browser of choice), meaning they can only be recalled with the same device and web browser you were using when you saved them. If you'd like to save entries and notes between devices you can do so by subscribing to the Ad-Free Member Version.



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