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Compare 2 Mortgages

Ok, you've been offered a mortgage from two different banks. Whis is better for you? Use this calculator to compare the two mortages. You enter the mortage amount, the two interest rates and the two closing costs. Then we will show you the total interest you will pay for each loan as-well-as the monthly loan payment.
This calculator can be used to compare two mortgage loans with different interest rates and points.
Loan Information
Amount to Borrow
(Do not include Points):
Loan Term (in years):

  Loan 1 Loan 2
Loan Annual Interest Rate* % %
Loan Points
(1, 1.5, 2, etc)
Closing Costs
(1, 1.5, 2, etc)