Photo of a laptop computer with a mortgage total cost analysis on the screen
Mortgage & Home Buying
What's a Total Cost Analysis?

As a homebuyer or homeowner, there’s a lot to consider when it comes to your mortgage and it can get a bit confusing. With a Total Cost Analysis, you’re able to analyze all your options in a simple format to help you make an informed decision when it comes to your home loan. Here are some benefits of a Total Cost Analysis:

Side-by-Side Detailed Loan Options

A Total Cost Analysis provides a simple and interactive overview of loan options, costs, and savings through clear and readable charts. Through simple graph comparisons, you’re able to view a variety of different types of loans simultaneously as well as the cost of those loans over a specified time. It makes it easy to find the information you’re looking for to help you make a decision on your current or future home. Plus, it saves you time from having to fish through dozens of fee worksheets and loan estimates.

Unique Loan Scenarios

Everyone’s situation is different and should be treated as such. A Total Cost Analysis includes a variety of analyses that are personalized to your unique needs. For example, the Cost of Waiting report may be beneficial if you’re a first time homebuyer and want a better of idea of when the right time to buy is. If you’re a current homeowner looking to refinance, a Refinance Opportunities report may be of interest. Other analyses include:

  • Rent vs Own
  • Purchase Power
  • Points vs No Points
  • Potential Tax Benefits
  • Your Home Equity’s Appreciation

Real-Time Updates with Loan Advice

Your complete, personalized analysis is viewable on any device at any time through an app. This allows information to be updated in real-time so you have the most current home-financing options available to you. You’ll also be able to receive instant loan advice from your consultant so a confident offer can be made when your perfect home is found.

If you’re thinking of buying or refinancing, our Mortgage Loan Consultants are available to help you explore your options through a complimentary Total Cost Analysis. Call us at (800) 506-5070 to request your free analysis and start the conversation.