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Which loan estimate is actually cheapest?

The lowest rate isn't always the cheapest loan. Closing costs can outweigh what a lower rate saves if you move or refinance first. Put three Loan Estimates side by side — the fields below match page 2 of the form box for box — and compare them over the years you'll actually keep the loan.

The loan you're shopping

SHARED TERMS
$

Used for every quote unless a card overrides it.

yrs

Used for every quote unless a card overrides it.

yrs

Most loans end in 7-10 years.

$

Page 1, Loan Amount.

%

Page 1, Interest Rate.

yrs

Page 1, Loan Terms.

$

Page 2, box D — origination, services you cannot shop for, services you can shop for (A + B + C).

$

Page 2, box I — government fees, prepaids, initial escrow, other (E + F + G + H).

$

Page 2, printed as a negative just under box J. Enter it as a positive number.

$

Page 1, Loan Amount.

%

Page 1, Interest Rate.

yrs

Page 1, Loan Terms.

$

Page 2, box D — origination, services you cannot shop for, services you can shop for (A + B + C).

$

Page 2, box I — government fees, prepaids, initial escrow, other (E + F + G + H).

$

Page 2, printed as a negative just under box J. Enter it as a positive number.

$

Page 1, Loan Amount.

%

Page 1, Interest Rate.

yrs

Page 1, Loan Terms.

$

Page 2, box D — origination, services you cannot shop for, services you can shop for (A + B + C).

$

Page 2, box I — government fees, prepaids, initial escrow, other (E + F + G + H).

$

Page 2, printed as a negative just under box J. Enter it as a positive number.

🧮

Enter a loan amount, a term, and at least one lender's rate to compare quotes.

Save or send these numbersEmail

All four happen in your browser. Your figures are not sent anywhere — the email opens in your own mail app, already filled in.

Which quoted costs are promises and which are guessesA written guide to the rules behind this calculator →
For educational purposes only. Compare official Loan Estimates, which lenders must issue within three business days of an application, and check that each quote assumes the same property, product and lock period. The APR shown here is built from every closing cost you enter, not from the finance charges alone, so it will not match a lender's disclosed APR — see the note under the comparison table.