Line of Credit vs Mortgage

Hello Team,

I am not sure if I am at the right forum to ask this question. Can some help me here or point me to the right place.

We are buying a condo. We only need $60,000 more to be debt free. I want to create a spread sheet where i can calculate how much more it would cost me is both scenarios.

1. We would get a Mortgage or a Line of Credit for 5 years (60 months).
2. We want to pay it off as fast as possible. Monthly payments will range from $1,000 to $3,000.

I would like to create a spread sheet where I can put in a starting value of 60K going down every month based on what I pay every month. A column for Mortgage rate and LOC rate. total interest paid for both Mortgage and LOC.

Thanks for you help everyone.

Thank you for a quick reply