Comparative Loan Calculator

While there are many amortization calculators available online, there are very few that provide comparisons between an existing (or underlying) loan and a wrap-around (or new) loan. 

The calculator below allows you to enter in the terms of your new loan and then either the current principal and interest (P&I) payment or the terms of the underlying loan. 

The calculator will then show you if the new loan will cover the underlying loan and give you a total cost including escrows for the new loan.

Oh, and it can handle quarterly or annual loan payments too. 

Send us your feedback and requests for future iterations of the calculator.