Loan A
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Mortgage terms
Compare two loan lengths — payment, interest, and how soon you are done. Add extra principal on the longer loan to see an accelerated payoff.
Loan B
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Interest A
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Interest B
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Interest saved
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| Loan A | Loan B | |
|---|---|---|
| Monthly payment | — | — |
| Total paid | — | — |
| Total interest | — | — |
| Paid off in | — | — |
Remaining balance
The shorter loan hits zero first.