Side-by-side loan options
Loan Comparison
Compare terms, down payments and programs — payment, cash to close, MI and cost over your horizon.
$
mo
%
$
Side by side
| Loan A | Loan B | Loan C Lowest cost | |
|---|---|---|---|
| Loan amount | $427,500 | $441,849 | $360,000 |
| Monthly payment (PITI + MI) | $3,974.01 | $3,945.53 | $4,148.28 |
| Principal & interest | $2,772.76 | $2,756.57 | $3,160.78 |
| Mortgage insurance | $213.75 | $201.46 | $0.00 |
| Cash to close (est.) | $28,500 | $22,250 | $96,000 |
| Lifetime interest | $570,690 | $550,511 | $208,940 |
| Lifetime MI | $29,711 | $47,495 | $0 |
| Balance after 7 yr | $388,116 | $398,664 | $235,039 |
| Cost of borrowing over 7 yr | $217,483 | $218,717 | $146,545 |
Cost of borrowing = cash at closing + P&I and MI paid + remaining balance − home price. It excludes taxes and insurance, which are the same across options.