⚖️ Mortgage Comparison Calculator 2026
Compare 3 mortgage offers side by side. Enter rates, points, and fees for each lender. See total cost over 30 years, monthly savings, and which lender saves you the most money. Free, instant.
⚡ Get 3+ real lender quotes in 60 seconds — compare side by side
Compare 300+ Lenders Now →No SSN required • Soft credit pull • Free
Loan Details
Enter 3 Lender Quotes
Lender A
Lender B
Lender C
How to Compare Mortgage Lenders
The 4 Factors That Matter
- Interest Rate: The single biggest cost factor. A 0.25% difference on a $350K loan = $19,000 over 30 years. Always compare rates on the same day (rates change daily).
- Points: Paying points (1 point = 1% of loan) lowers your rate. Calculate break-even: if points cost $3,500 and save $50/mo, break-even = 70 months. Only worth it if you'll stay past break-even.
- Lender Fees: Origination, application, processing, underwriting fees. Range from $0 to $2,500+. Some lenders offer "no closing cost" options (higher rate, $0 fees).
- APR vs Rate: APR includes points and fees — it's the true cost. A 6.00% rate with 1 point and $1,200 fees = ~6.08% APR. Compare APRs, not just rates.
Real Example
$350,000 loan, 30-year fixed: Lender A at 6.125% with $1,200 fees vs Lender B at 6.250% with $0 fees vs Lender C at 6.000% with 1 point ($3,500) + $800 fees. Over 30 years: Lender C saves $19,000 vs Lender B despite $4,300 upfront — because the lower rate compounds over 30 years.
Mortgage Comparison FAQ
How much can I save by comparing mortgage lenders?
On a $350K 30-year loan, a 0.25% rate difference = $19,000 over the life of the loan. A 0.50% difference = $38,000. Most borrowers who compare 3+ lenders save $10,000-$30,000. Always get at least 3 quotes.
→ Compare lenders now →Should I choose the lender with the lowest rate?
Not always. A lower rate with high points and fees may cost more over the life of the loan if you sell or refinance early. Compare total cost (interest + upfront) and consider how long you'll stay in the home. Use our calculator above to see the true cost.
→ Compare lenders now →What is APR and why does it matter?
APR (Annual Percentage Rate) includes the interest rate PLUS points and lender fees, expressed as a yearly rate. A 6.00% rate with 1 point + $1,200 fees = ~6.08% APR. APR lets you compare lenders fairly — the lower APR usually means the lower total cost.
→ Compare lenders now →How many lenders should I compare?
We recommend comparing at least 3 lenders. Getting quotes from 3+ lenders takes about 15 minutes and can save you $10,000-$30,000. Use our comparison tool above, then get real quotes from 300+ lenders in 60 seconds.
→ Compare lenders now →Do mortgage rate quotes hurt my credit score?
No — if you get all quotes within a 14-45 day window, the credit bureaus count them as a single inquiry. This is called "rate shopping" and is protected by the CFPB. Get all your quotes within 2 weeks to minimize credit impact.
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