Loan Comparison

FREE MORTGAGE QUOTES
The fastest way to get multiple quotes from competing lenders.

Mortgage Rates Survey

Personal Loans
Face to face service. Get the money you need NOW!!!

Credit Cards
$100,000 instant approval!

Testimonials
See why thousands of people like you daily are using us to find their loan.

Credit Repair
FREE aggressive techniques to repair your own credit, fast!

Calculators
Use the most powerful loan calculators and financing tools.

Loan Library
Insider information about how to get the best mortgage.

Mortgage News
Updated today! Get the latest news affecting your loan.

Credit Reports
Find out your borrowing power.

Insurance Quotes
Insure your mortgage now. Also get competing quotes for all insurance types.

Loan Comparison

Get a Home Loan | Get a Personal Loan Get the money you need today!

This calculator will help you compare the total cost of any two loans. For example, you could consider the benefit of paying extra points to reduce your interest rate, or choosing a fixed instead of a variable rate loan. Simply enter the desired values for each loan and press compute to see the results. The comparison will assume a worst case scenario. For adjustable rate loans, rates will increase the maximum amount each time the loan re-prices, until it reaches the anticipated rate cap.

This analysis includes the effect of a tax deduction for interest. If the interest is not deductible, or if you do not want to show the effect of the tax deduction, choose an income tax rate of zero.

For help with a particular item, click on the "?" next to the item.

Both Loans
Loan amount: $
Your income tax rate: ? %

Loan 1 Loan 2

Down Payment $ $

Number of Payments

Payment Frequency (Months)

Interest Rate % %

Points

Other Fees ? $ $

Fixed or Adjustable ?

  Re-pricing interval (months) ?

  Re-pricing rate adjustment ? % %

  Anticipated rate cap ? % %

Totals:

Loan 1 Loan 2 Difference

Payment Amount $ 658.60 $ 658.60 $ 0.00

Points and Fees $ 0.00 $ 0.00 $ 0.00

Total Payments $ 237,096.49 $ 237,096.49 $ 0.00

After Tax Savings ? $ 198,709.47 $ 198,709.47 $ 0.00

Cost of all payments today discounted at 5% ?

Present Value $ 114,109.11 $ 114,109.11 $ 0.00

Presented by
TimeValue Software

Online financial calculator
for
AmericanLoanSearch

The information provided by these calculators is for illustrative purposes only. The information entered may vary from your actual loan, mortgage, investment, or savings results. Interest rates are hypothetical and are not meant to represent any specific investment. Rates of return will vary over time, particularly for long-term investments. The calculated results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed by AmericanLoanSearch.