Loan Comparison Tool

Compare multiple loan scenarios side-by-side to find the best option.

What This Tool Does

The Loan Comparison Tool lets you evaluate up to three loan scenarios side-by-side. Compare different loan products, terms, rates, and fee structures to see which option delivers the lowest total cost and best cash-on-cash return for your specific deal. Perfect for comparing hard money vs DSCR, or evaluating offers from different lenders.

Loan Comparison Tool

Compare up to 3 loan scenarios

Enter the details for each loan option and see side-by-side which one costs you the least over the life of the loan.

Best Option
$
%
months
%
$

Calculated Results

Monthly Payment$2,500.00
Total Interest Paid$30,000
Origination Cost$6,000
Total Cost of Loan$36,000
Effective Annual Rate12.00%
$
%
months
%
$

Calculated Results

Monthly Payment$2,097.64
Total Interest Paid$455,152
Origination Cost$3,000
Total Cost of Loan$458,152
Effective Annual Rate5.09%
$
%
months
%
$

Calculated Results

Monthly Payment$1,896.20
Total Interest Paid$382,633
Origination Cost$1,500
Total Cost of Loan$384,133
Effective Annual Rate4.27%

Comparison Summary

Best Option

Scenario A

Lowest total cost of loan

You Save

$422,152

vs. the most expensive option

MetricScenario ABestScenario CScenario B
Interest TypeInterest OnlyFully AmortizingFully Amortizing
Loan Amount$300,000$300,000$300,000
Interest Rate10.00%6.50%7.50%
Loan Term12 mo360 mo360 mo
Monthly Payment$2,500.00$1,896.20$2,097.64
Total Interest Paid$30,000$382,633$455,152
Origination Cost$6,000$1,500$3,000
Total Cost of Loan$36,000$384,133$458,152
Effective Annual Rate12.00%4.27%5.09%

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What You'll Need (Inputs)

  • Loan amount
  • Interest rate (per scenario)
  • Loan term
  • Origination points
  • Closing costs
  • Prepayment terms

What You'll Get (Outputs)

  • Monthly payment comparison
  • Total interest paid
  • Total cost of loan
  • Effective annual rate
  • Side-by-side summary

Perfect For

Related Loan Program

All Loan Programs

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