I've taken a list of English words, and examined each of them to see what they sound like (using the PHP metaphone function). This page lists the most common metaphone codes, along with their words. You can also search for a word of your own, and see which words sound similar - and which ones rhyme, and which ones alliterate.
bandito bandit banditti bandaid bandied bundt banded bended bonded bunted bounded
bandito bandit endite indite conduit pandit pundit
band banda bandeau bandy baned bindi