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Which Loan is Better?
Input Information
Loan 1
Loan 2
Amount :
($)
Interest Rate :
(%)
(%)
Length :
(Yrs)
(Yrs)
Points :
(%)
(%)
Origination Fees :
(%)
(%)
Closing Costs :
($)
($)
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Financial Analysis (
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Loan 1
Loan 2
Points Value
$2,500.00
$3,750.00
Origination Fees
$0.00
$1,250.00
Total Closing Costs
$3,700.00
$5,700.00
Amount Financed
$250,000.00
$250,000.00
Monthly Principal & Interests :
$1,342.05
$1,266.71
Total Monthly Payments :
$483,139.46
$456,016.78
Payment Savings :
$0.00
$27,122.68
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.
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