A vs B
Choose a focused comparison, change the assumptions, and compare modeled outcomes. Each mode explains its assumptions without turning the result into personalised advice.
Scenario battle
Shorter mortgage term
Short term then invest freed payment
$680,664
Longer term + invest difference
Long term + invest monthly difference
$742,497
Under these assumptions
Longer term + invest difference has a modeled lead of $61,833.
Both paths use the same monthly budget equal to the shorter-term payment and are compared at the end of the longer mortgage term, when both loans are repaid. The only modeled difference is when cash becomes available for investing. Investment returns are uncertain; taxes, fees and mortgage penalties are excluded.
Assumptions
No financial inputs are saved.
Mortgage balance
Mortgage rate
Shorter term
Longer term
Assumed return on payment difference