No points
$2,712.73total monthly payment
- Interest rate
- 6.875%6.904% APR
- Term
- 30-year
- Loan amount
- $340,000
- Cash to close
- $92,222.51
- 60-month savings
- Starting point
Example Home Lending · Interactive report · Updated Oct 15, 2026
Your home loan options
Everything you need to confidently choose the loan that's right for you. Compare your options, understand the costs, and see Alex's recommendation.
Alex's recommendation
6.5%
Conventional · 30-year
6.626% APR
The One point option costs $3,400.00 more at closing than No points, but it lowers the monthly payment by about $84.53 and saves about $6,410.42 over the first 60 months.
Purchase price$425,000
Loan amount$340,000
Interest rate6.5%6.626% APR
Monthly payment$2,628
Cash to close$95,623
Best fit if…
You're comfortable bringing more cash to closing in exchange for a lower payment and stronger savings over the next 60 months.
About these numbers
Every number in this report is personalized for your loan. If something doesn't make sense, Alex is here to walk you through it.
Lowest monthly payment
Two points · $2,572.61
Lowest cash to close
No points · $92,222.51
Highest savings over 60 months
Two points · $10,676.69
Loan options at a glance
Here's the short version — the numbers most people decide on. Dollar differences are measured against No points. Every fee behind them is itemized on the Fees & costs tab.
Compare Your Options
See how each loan option changes your monthly payment, cash to close, and long-term savings — all in one place.
Monthly payment
The full estimated payment for each option, compared with No points.
Total cash to close
Compare the total cash you'll need to bring to closing.
Savings over 60 months
Interest savings over the first 60 months, compared with No points.
Monthly payment breakdown
What each monthly payment is made of.
No points
One point
Two points
Fees & costs
Itemized and transparent — expand what you want to inspect.
Closing costs by option$8,060.00 on One point
| Line item | No points | One point | Two points |
|---|---|---|---|
| Underwriting fees | $995.00 | $995.00 | $995.00 |
| Discount points | $0.00 | $3,400.00 | $6,800.00 |
| Appraisal | $650.00 | $650.00 | $650.00 |
| Credit report | $65.00 | $65.00 | $65.00 |
| Closing fee | $950.00 | $950.00 | $950.00 |
| Lender's title insurance | $1,450.00 | $1,450.00 | $1,450.00 |
| Title endorsement fee | $150.00 | $150.00 | $150.00 |
| Document preparation fee | $250.00 | $250.00 | $250.00 |
| Recording fees | $150.00 | $150.00 | $150.00 |
| Total closing costs | $4,660.00 | $8,060.00 | $11,460.00 |
Prepaids by option$2,562.51 on One point
| Line item | No points | One point | Two points |
|---|---|---|---|
| Homeowner's insurance | $1,500.00 | $1,500.00 | $1,500.00 |
| Property taxes | $1,062.51 | $1,062.51 | $1,062.51 |
| Total prepaids | $2,562.51 | $2,562.51 | $2,562.51 |
Credits and cash to close$95,622.51 on One point
| Line item | No points | One point | Two points |
|---|---|---|---|
| Down payment | $85,000.00 | $85,000.00 | $85,000.00 |
| Cash to close | $92,222.51 | $95,622.51 | $99,022.51 |
See how changes affect your payment
Move the sliders to see how the home price, your down payment, the rate, and the term change the monthly payment. It's an illustration, not live pricing.
Adjust the scenario
Starts from One point. Property taxes follow the home price and mortgage insurance follows the loan amount, both at the rates on your report; every other monthly cost stays where it is.
This stops at 20% down on purpose: below that, a loan like yours usually adds mortgage insurance, and this page can't estimate how much. Ask Alex to price it.
This slider doesn't produce an APR — a real one depends on the fees priced with the rate. Every option's rate and APR are on the Summary tab.
Loan amount$340,000
Illustrative estimate
Estimated monthly payment
$2,628
- Principal & interest$2,149.03
- Property taxes$354.17
- Home insurance$125.00
Keep in mind: property taxes move with the home price and mortgage insurance moves with the loan amount, both at the rates on your report. Home insurance, HOA dues, and every other monthly cost stay exactly where they are. Nothing here reprices your rate, points, credits, cash to close, or lock terms. Alex can price any scenario you like for real.