Mortgage Comparison Worksheet
As you are working with lenders to select a mortgage, there are several factors to consider that may make a big
difference in your monthly payments and the overall cost of your loan. Use this worksheet to help you identify
the mortgage option that is best for your situation and ﬁnancial goals.
Name of Lender
Name of Contact
Date of Contact
Basic Information on the Loans
Type of Mortgage: ﬁxed-rate, adjustable rate, other?
If adjustable, see below
Minimum down payment required
Loan term (length of loan)
Contract interest rate
Annual percentage rate (APR)
Points (may be called loan discount points)
Monthly Private Mortgage Insurance (PMI) premiums
How long must you keep PMI?
Estimated monthly escrow for taxes and hazard
Estimated monthly payment (Principal, Interest,
Taxes, Insurance, PMI)
— Different institutions may have different
names for some fees and may charge different
fees. We have listed some typical fees you may
see on loan documents.
Application fee or Loan processing fee
Origination fee or Underwriting fee
Lender fee or Funding fee
Document preparation and recording fees
Broker fees (may be quoted as points, origination
fees, or interest rate add-on)
Credit report fee
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