Which Loan is Better?

Input Information

	Loan 1	Loan 2
Amount :	($)
Interest Rate :	(%)	(%)
Length :	(Yrs)	(Yrs)
Points :	(%)	(%)
Origination Fees :	(%)	(%)
Closing Cost :	($)	($)
Show Schedule Table

Financial Analysis

	Loan 1	Loan 2
Points Value	$2,500.00	$3,750.00
Origination Fees	$0.00	$1,250.00
Total Closing Cost	$3,700.00	$5,700.00
Amount Financed	$247,500.00	$246,250.00
Monthly Principal and Interest :	$1,291.08	$1,197.03
Total Monthly Payment :	$464,787.78	$430,930.60
Payment Savings :	$0.00	$33,857.18

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult a financial advisor.