| |
Which Loan is Better?
Input
Financial Analysis
|
|
Loan 1
|
Loan 2
|
|
Monthly Payment
|
$2,000.00
|
$3,000.00
|
|
Origination Fees
|
$1,000.00
|
$1,250.00
|
|
Total Closing Cost
|
$4,200.00
|
$4,950.00
|
|
Amount Financed
|
$198,000.00
|
$197,000.00
|
|
Monthly Payment
|
$Infinity
|
$1,149.64
|
|
Total Monthly Payment
|
$NaN
|
$413,869.87
|
|
Total Savings
|
$NaN
|
$0.00
|
|