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Which Loan is Better?

Input Information

	Loan 1	Loan 2
Amount :	($)
Interest Rate :	(%)	(%)
Length :	(Yrs)	(Yrs)
Points :	(%)	(%)
Origination Fees :	(%)	(%)
Closing Cost :	($)	($)
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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	$250,000.00	$250,000.00
Monthly Principal and Interest :	$1,304.12	$1,215.26
Total Monthly Payments :	$469,482.60	$437,492.99
Payment Savings :	$0.00	$31,989.61

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