Side-by-Side Analysis
Loan Strategy Comparator
Should you take the FHA rate with higher MI, or the Conventional loan with a larger down payment? Compare up to 5 scenarios instantly.
Global Assumptions
| Program | ||
|---|---|---|
| Loan Setup | ||
| Loan Amount | $360,000 | $366,300 |
| LTV | 80.0% | 81.4% |
| Monthly Breakdown | ||
| P&I (Year 1) | $2,275 | $2,220 |
| P&I (Year 2) | — | — |
| P&I (Year 3+) | — | — |
| Mortgage Insurance | None | $153 |
| Tax & Insurance | $988 | $988 |
| Total | ||
| Year 1 Payment | $3,263 | $3,360 |
| Cash Required | ||
| Cash to Close | $103,500 | $103,500 |
| Buydown Cost | — | — |
| Long Term | ||
| Total Interest | $459,160 | $432,813 |
| 50% Equity | 18.3 yrs | 18.2 yrs |
| 80% Equity | 26.3 yrs | 26.3 yrs |
| 100% Equity | 30.0 yrs | — |
Disclaimer: Mortgage insurance, FHA up-front MIP, and VA funding fees are estimated using standard published factors and will vary by credit score, loan-to-value, and program. Temporary buydowns are normally funded by a seller or lender credit; the buydown cost shown is the total subsidy required. This is not a loan approval or a commitment to lend.
Custom Analysis
Stop guessing. See the real math.
The lowest rate isn't always the best loan. Send me these scenarios and I'll price them with real, locked-today numbers for your credit profile.
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Loans by Vai
The "Cost vs. Cash" Trade-off
Every mortgage is a balance between your upfront cash, your monthly obligation, and your long-term interest costs.
FHA vs. Conventional
FHA loans often have lower rates but longer-lasting mortgage insurance. Use this tool to see whether the lower rate actually saves you money over five years.
15-Year vs. 30-Year
A 15-year term spikes your payment but saves massive interest. Compare the total interest row to see the six-figure difference.
Buydown Math
Is it better to lower the price or buy down the rate? Put a 2-1 buydown next to a standard scenario to see the year-one cash-flow difference.
Stop guessing. See the math.
The lowest rate isn't always the best loan. Let's compare your specific options side-by-side to find the lowest cost of ownership.