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
$2,500.00
$3,750.00
Origination Fees
$0.00
$1,250.00
Total Closing Cost
$3,700.00
$5,700.00
Amount Financed
$250,000.00
$250,000.00
Monthly Principal and Interest :
$1,304.12
$1,215.26
Total Monthly Payments :
$469,482.60
$437,492.99
Payment Savings :
$0.00
$31,989.61
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