Loan Comparison Calculator

Compare two mortgage offers side by side — see which loan saves you more money over the life of the loan.

How to Compare Mortgage Offers

When comparing loans, don’t just look at the interest rate — factor in closing costs too. A lower rate loan with higher closing costs may actually cost more if you don’t plan to stay long enough to recoup those costs. This calculator shows your break-even point and total cost over your expected stay period.

What Are Closing Costs?

Closing costs typically range from 2–5% of the loan amount and include lender fees, title insurance, appraisal, and prepaid expenses. Some lenders offer “no-closing-cost” loans that roll fees into the rate instead — use this calculator to see whether that trade-off makes sense for your situation.