Which Loan is Better?
Input Information
Loan 1
Loan 2
Amount :
($)
Interest Rate :
(%)
(%)
Length :
(Yrs)
(Yrs)
Points :
(%)
(%)
Origination Fees :
(%)
(%)
Closing Cost :
($)
($)
Show Schedule Table
Financial Analysis
Loan 1
Loan 2
Points Value
$2t500.00
$3t750.00
Origination Fees
$0.00
$1t250.00
Total Closing Cost
$3t700.00
$5t700.00
Amount Financed
$247t500.00
$246t250.00
Monthly Principal and Interest :
$1t291.08
$1t197.03
Total Monthly Payment :
$464t787.78
$430t930.60
Payment Savings :
$0.00
$33t857.18
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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