Preterism and Dispensationalism: Common Ground & Differences

What Do They Have in Common?

Both take the Bible seriously. Both believe Scripture is God's inspired Word and seek to understand its meaning faithfully.
Both pay close attention to prophecy. Daniel, Matthew 24, Revelation, Ezekiel, and Zechariah play a major role in both systems.
Both emphasize fulfillment. Dispensationalists expect many prophecies to be fulfilled in the future, while Preterists see many of them fulfilled in the first century. Both agree God's promises are fulfilled rather than abandoned.
Both believe Jesus is the Messiah. Salvation is found through Christ alone.
Both believe Jesus reigns. The disagreement is mainly over how kingdom promises are fulfilled.

Major Differences

Topic	Full Preterism	Dispensationalism
Israel	Fulfilled in Christ and His people.	National Israel remains distinct from the Church.
Matthew 24	Fulfilled in the first century.	Mostly future.
Revelation	Fulfilled by AD 70.	Mostly future.
Millennium	Not a future earthly kingdom.	Future 1,000-year earthly kingdom.
Ezekiel 37	David points to Christ, the greater David.	David himself will rule under Christ.
Second Coming	Fulfilled in the first century.	Future bodily return of Christ.

The Deepest Difference

The greatest disagreement is not Revelation, Matthew 24, or even the millennium.

The deepest difference is how Old Testament promises are interpreted after Christ comes.

"My servant David shall be king over them..." — Ezekiel 37:24

            Full Preterist View:

            David is understood as a prophetic reference to Jesus,
            the Son of David and ultimate King.
        

            Dispensational View:

            David means David. King David will be resurrected and
            serve in a future earthly kingdom under Christ's authority.
        

Both sides agree that Ezekiel 37 will be fulfilled. The disagreement concerns who David is and how the fulfillment occurs.

Summary

Both Full Preterists and Dispensationalists believe God keeps His promises, Jesus is the Messiah, and prophecy matters.

The primary question is whether Old Testament promises are fulfilled through Christ and His people or whether many await a future earthly fulfillment involving national Israel and a millennial kingdom.