Review criteria
- +Side-by-side comparison of several loan offers
- +Auto monthly payment and lifetime interest
- +Break-even on points and fees
- +Works in Google Sheets and Excel
Mortgage Comparison in Real Estate
The Mortgage Comparison is a copy-ready spreadsheet for real estate that tracks loan options, rate, term, monthly payment, total cost. It opens unchanged in both Google Sheets and Excel, needs no add-ons or macros, and takes about 10 minutes to set up.
Last updated: August 2026
Excel workbook · opens in Google Sheets · 3 tabs · no sign-up
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Live preview of “Mortgage Comparison”
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What’s inside “Mortgage Comparison”
Tabs: How to use · Loan offers · CompareFormat: Excel (.xlsx) · opens in Google SheetsSetup: About 10 minutesColumns: 10
Columns (grey = calculated for you)
- Lender / option
- Loan amount
- Rate
- Term (years)
- Points
- Lender fees
- Monthly P&I
- Lifetime interest
- Upfront cost
- Break-even (months)
- Open the Loan offers tab and replace the sample rows with your own — one row per entry. Formulas fill in automatically for new rows.
- Enter each Loan Estimate's amount, rate, term, points and lender fees (Section A). Monthly P&I excludes taxes and insurance.
- Break-even shows how many months of lower payments it takes to earn back extra upfront cost versus the cheapest-upfront offer. If you'll sell or refinance sooner, skip the points. Not financial advice.
- Using Google Sheets? Upload the file to Google Drive, then open it with Google Sheets (or File → Import in an open sheet). Formulas, dropdowns and highlights carry over.
The file opens locally on your device — nothing is uploaded, and you own the copy outright.
Mortgage Comparison
About this template
It is built for people who want results without another subscription: buyers comparing mortgage offers side by side. The whole template is free to copy — there is no paid tier. Because it is a plain spreadsheet, you own your data outright and can shape every column to how you actually work.
Review evidence
What to verify before choosing Mortgage Comparison
Use the review criteria below to decide whether this template fits your workflow.
Often worth considering when
- +Buyers comparing mortgage offers side by side
- +Anyone weighing points, rate, and term trade-offs
Pause before choosing when
- -Official loan estimates (use the lender disclosures)
- -Adjustable-rate scenarios beyond a basic projection
About Real Estate
Why people consider this option
- +Track rental income, expenses, and ROI without paying for property software
- +Keep commission and pipeline numbers in one place you control
- +Hand clean records to your accountant at tax time
What to review before acting
- -No automatic rent collection or bank sync without a tool
- -Large portfolios eventually need dedicated property software
Trust FAQ
Questions people ask before copying a template
Does the Mortgage Comparison work in both Google Sheets and Excel?
Yes. It is built with standard functions and no macros, so it opens and works the same in Google Sheets or Microsoft Excel — on desktop or your phone.
Is the Mortgage Comparison really free?
The core template is free to copy and use. There is no paid tier — download the Excel workbook, replace the sample rows with your own, and you are ready to work.
What does the Mortgage Comparison track?
It tracks loan options, rate, term, monthly payment, total cost. The workbook comes with these columns plus the formulas, dropdowns and highlights already set up. Replace the sample rows and the totals update as you go.