Mortgage Comparison Calculator
Compare two loan offers with different PPP terms, rates, and points
Loan Offer 1
Loan Offer 2
Comparison Results
Analysis Period:
5 years
Better Offer:
Offer 1
Total Savings:
$12,345
Upfront Costs
Points Cost
$5,000
$0
Other Costs
$2,000
$1,000
Total Upfront Costs
$7,000
$1,000
Monthly Payments
Principal & Interest
$3,327
$3,496
PPP Adjusted Rate
7.00%
7.25%
Long-Term Costs
Interest Paid
$97,000
$109,000
PPP Penalty Savings
$0
$3,250
Total Cost of Loan
$104,000
$110,250
Break-Even Analysis
Break-Even Point
2.5 years
Cost comparison chart would display here