Having trouble deciding between two loans? Don’t worry; use this
calculator to determine which loan is best for you, and which will save you the most money
Input
Financial Analysis
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Loan 1
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Loan 2
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Monthly Payment
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$2,000.00
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$3,000.00
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Origination Fees
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$1,000.00
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$1,250.00
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Total Closing Cost
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$4,200.00
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$4,950.00
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Amount Financed
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$198,000.00
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$197,000.00
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Monthly Payment
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$1,235.26
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$1,149.64
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Total Monthly Payment
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$444,694.46
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$413,869.87
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Total Savings
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$0.00
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$30,824.59
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DISCLAIMER:
Although this is an estimation of the information you provided, none of these
figures are guaranteed. Final statistics can only be given by the financial
institution that supplies you with the loan or other financial services. You
must double check with your provider to ensure accurate information. Please
read the Terms of Use
for further details.
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