Loan Officer Tools · Loan Estimate Comparison
Show which loan quote fits the borrower’s timeline.
Enter the fields from two official Loan Estimates and compare payment, cash to close, and estimated cost over the time the borrower expects to keep the loan.
Step 1 of 2
Enter the same loan assumptions for both quotes
Use the actual Loan Estimates. The comparison is most useful when property, program, lock period, and down payment are alike.
Borrower timeline
Used to compare payment plus entered costs over the borrower’s likely timeline.
Used for both quotes unless a quote has a different amount.
Quote A
Option AEnter the dollar amount, not the percentage.
Loan Estimate page 2, box D.
Loan Estimate page 2, box I.
Enter the positive dollar amount of credits.
Quote B
Option BEnter the dollar amount, not the percentage.
Loan Estimate page 2, box D.
Loan Estimate page 2, box I.
Enter the positive dollar amount of credits.
Illustration only—not a Loan Estimate, approval, or pricing commitment. This tool compares principal-and-interest payments and the costs entered. Taxes, insurance, mortgage insurance, prepaid items, escrow, rate locks, APR rules, financing of costs, principal reduction, and changes after the loan is locked are not included. Confirm the official Loan Estimates and final costs before making a decision.