Compare Scenarios

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

$
A
%
$

Below 20% — PMI applies

%
$

Monthly Payment

$2,964/mo

Principal & Interest$2,694
PMI$270

Total Interest

$565,011

Payoff Date

Jul 2056

PMI drops off

Jan 2035 · saving $270/mo

$27,270 total PMI paid

B
%
$
%
$

Monthly Payment

$2,335/mo

Principal & Interest$2,335

Total Interest

$480,583

Payoff Date

Jul 2056

No PMI — 20%+ down payment

Comparison

Credit Union costs $630/mo less per month.

Credit Union saves $84,428 in total interest.

$2,964/mo total · $565,011 interest · Jul 2056 payoff for Bank Offer · $2,335/mo total · $480,583 interest · Jul 2056 payoff for Credit Union