It's important to take into consideration interest charges and fees, closing and settlement costs, and the loan principal when calculating which loan will be the best fit for you.
Closing Costs |
Loan Amount |
Monthly Payment |
|---|---|---|
Closing Costs |
Loan Amount |
Monthly Payment |
|---|---|---|
| Cost Category | First Loan | Second Loan |
|---|---|---|
| Total Interest | ||
| Total Closing Costs | ||
| Total Principal | ||
| Total Cost of Loan |
It's important to take into consideration interest charges and fees, closing and settlement costs, and the loan principal when calculating which loan will be the best fit for you.
