Which Loan is Better?

Input Information

	Loan 1	Loan 2
Amount :	($)
Interest Rate :	(%)	(%)
Length :	(Yrs)	(Yrs)
Points :	(%)	(%)
Origination Fees :	(%)	(%)
Closing Costs :	($)	($)
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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 Costs	$3,700.00	$5,700.00
Amount Financed	$250,000.00	$250,000.00
Monthly Principal & Interests :	$1,342.05	$1,266.71
Total Monthly Payments :	$483,139.46	$456,016.78
Payment Savings :	$0.00	$27,122.68

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.