Four Loan Comparison Calculator
Use this calculator to make a net cost, side-by-side comparison of up to 4 different loan options.
Marginal Tax Bracket to Use =  
Loan Options
  Option 1   Option 2   Option 3   Option 4
Loan Amount
Interest Rate
Discount Points
Loan Term in Years
Principal and Interest Payments        
Payment difference vs. Option 1
Total Interest Paid
Total Principal and Interest Payments Made
Cost of Points Paid
Total Principal Paid
Tax Deduction on Interest Paid
Tax Deduction on Points Paid
Total Net Loan Cost
The graph shows the total cost of the payments and any points paid less principal and any tax deductions.
Payments + points - principal - tax benefits = net cost
Number of years for loan comparison
Total Net Cost Difference vs. Option 1:
This loan comparison calculator can be used in many ways. The primary benefit is to compare various loan options side by side so you can see clearly the payment, principal and cost differentials not only as they appear on the surface but, also over the specific time period that you expect to own your home or have your loan before sale or refinance. If you have any questions or would like to go through this together, please reach out.

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