Compare two Loan Estimates

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Over 7 yearsOption 2 costs less

$5,020 less in sections A, B and C plus interest.

Option 1$1,849principal and interest; $3,500 in A + B + C

Option 2$1,755principal and interest; $8,500 in A + B + C

The option with lower upfront costs is less expensive until 3 years, 6 months. After that, the option with the lower rate is less expensive.

Option 1Option 2

Sections A, B and C plus interest paid, month by month.

Compare Loan Estimates for the same loan amount, loan type and lock period, from the same day. Sections E through H are mostly the same wherever you borrow.

Two quotes compared on the costs lenders control, sections A, B and C, plus the interest over the years you keep the loan.

How this tool works

Compare Loan Estimates for the same loan amount, loan type and lock period, from the same day. Sections E through H are mostly the same wherever you borrow, so they are left out. To read each part of a Loan Estimate, use the Loan Estimate reader.

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