ROBERT CASTLE
Senior Loan Officer · Excel Financial Group
50 Lenders · Competing For Your Business
Compare Your Rate Options
See payment, break-even and lifetime cost side by side
Loan details (applies to all three scenarios)
Scenario 1
Lowest Payment
%
$
Est. total monthly payment
—
Principal & interest—
Taxes / ins / HOA / MI—
Total interest (life)—
Fee for rate—
Scenario 2
Lowest Payment
%
$
Est. total monthly payment
—
Principal & interest—
Taxes / ins / HOA / MI—
Total interest (life)—
Fee for rate—
Scenario 3
Lowest Payment
%
$
Est. total monthly payment
—
Principal & interest—
Taxes / ins / HOA / MI—
Total interest (life)—
Fee for rate—
Side-by-side payment comparison
| Loan amount | — | — | — |
| Interest rate | — | — | — |
| Principal & interest | — | — | — |
| Taxes, insurance, HOA, MI | — | — | — |
| Est. total monthly payment | — | — | — |
| Fee for rate (cost / credit) | — | — | — |
| Total interest over life of loan | — | — | — |
Break-even on buying down the rate
Measured against the scenario with the lowest upfront fee.
Amortization & lifetime interest
Remaining loan balance by year, and total interest paid over the full term