Compare Scenarios Clearly

Amortalyze shows side-by-side comparisons of your original mortgage with scenarios that include extra payments and/or refinancing. Key metrics include:

- Monthly Payment: How you cash flow changes

- Interest Paid: Track total interest over time

- Total Cost: See the overall financial impact

This lets you evaluate strategies in a clear, structured way.

Interactive Charts

Visualize your mortgage over time with our dynamic chart:

- Compare interest vs. principal for any month

- Observe the effect of extra payments or refinancing

- Quickly understand how your loan evolves

Charts give a clear picture beyond just the numbers.

Amortization Schedule

Generate a full amortization schedule for each scenario:

- See monthly principal and interest allocation

- Track long-term progress

- Plan extra payments or refinancing effectively

Assumptions

- Amortization is calculated on a daily schedule using a standard 360 day timeframe.

- Equity percentage is calculated using the purchase price of the home. Appreciation is not accounted for in the current version.

- Refinances skip a months payment which is typical of lenders to ensure interest is calculated correctly for the first payment of the new term.

- Refinance cost is rolled directly into the loan and breakeven analysis is determined by using the refinance cost divided by the entire monthly savings.

Limitations

All results are estimates based on the data you provide. The calculator does not account for lender fees, changing market conditions, or nuances with how different lenders handle extra payments.

Always confirm final numbers with a lender before making financial decisions.