Compare Scenarios

Build two loan scenarios side by side and see the real difference.

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%
$

Below 20% — PMI applies

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$
$
$

Monthly Payment

$3,439/mo

Principal & Interest$2,694
PMI$270
Property Taxes$375
Home Insurance$100

Total Interest

$565,011

Payoff Date

May 2056

PMI drops off

Nov 2034 · saving $270/mo

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%
$
%
$
$
$

Monthly Payment

$2,810/mo

Principal & Interest$2,335
Property Taxes$375
Home Insurance$100

Total Interest

$480,583

Payoff Date

May 2056

No PMI — 20%+ down payment

Comparison

Credit Union costs $630/mo less per month.

Credit Union saves $84,428 in total interest.

$3,439/mo total · $565,011 interest · May 2056 payoff for Bank Offer · $2,810/mo total · $480,583 interest · May 2056 payoff for Credit Union