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.
late latte lat lade lute lati lite latu lutea lotte laity laddie lyttae led lit let lot lad laid lude loti leud lead leet loot lout lied lady laud litu lewd load lode lota leady litai looed lotah lotto lytta wyled
ate bate fate hate cate gate quate late mate pate rate sate date tate at