Loan Estimate Comparison Worksheet: Compare 3 Mortgage Loan Estimates Side by Side, Excel Upfront vs Monthly Break-Even + Questions to Ask

Getting more than one Loan Estimate is one of the simplest ways to make sure you understand your options, but the forms are packed with numbers. This worksheet lines up three Loan Estimates side by side. The Excel tool totals upfront costs and monthly payments for each lender and shows how many months it takes for a higher payment to use up a lower upfront cost. The printable pages explain where each number lives on the form, how to compare apples to apples, and what to ask each lender.

What's inside:

- How to read and compare Loan Estimates

- Paper side-by-side comparison

- Questions to ask each lender

- Excel comparison with break-even months

Good to know:

- Educational only. Example numbers are made up and are not a rate quote or loan offer.

Aaron Clark, Licensed Mortgage Loan Officer, NMLS #1770738 · www.nmlsconsumeraccess.org · Equal Housing Opportunity

Educational only, not a loan offer or rate quote; example numbers are illustrations.