Serving Clients with Personal Attention Since 1933

Calculators

Please try our wide variety of interactive financial problem solvers. Simply enter your criteria and you'll get your questions answered with dynamic graphs and personalized reports.

Compare A 'No-Cost' Versus Traditional Mortgage

Many lenders will offer a 'no-cost' loan in lieu of a traditional mortgage. 'No-cost' loans are generally priced at a higher interest rate than a traditional mortgage. The higher rate allows the lender to make enough money on the interest rate spread from the underwriter to pay for all your closing costs and provide them with their profit. Use this calculator to help determine if a no-cost loan with your lender is better than a traditional mortage.


Assumptions
Mortgage Rates
    No-Cost Loan Traditional Mortgage
Traditional Loan Closing Costs
Comparison Assumptions
  • Connect With Us

    Facebook Twitter LinkedIn
  • Days until April 15

  • Latest News

Greenlee, Kurras, Rice, Brown
Certified Public Accountants
627 N Donnelly Street, Mount Dora, FL 32757

Phone: (352) 383-6300 | Fax: (352) 383-6356 | info@gkrb.com
Search | Site Map | Privacy Policy | Disclaimer
© Greenlee, Kurras, Rice, Brown
Certified Public Accountants 2021