Mortgage Loan Estimate Explainer

Use our interactive tool to understand your Loan Estimate numbers and terms - make sure you're getting the best deal on your mortgage.

Reviewing your Loan Estimate is a chance to make sure you're getting the best deal on your loan.

A Loan Estimate is a form you receive after you applying for a mortgage. In the document, you'll see all the details about your loan including important number like your monthly payment, interest rate, and closing costs.

But some of the information can be confusing. Before you move forward with your loan, use our interactive Mortgage Loan Estimate Explainer. You'll learn what the number in your estimate mean and why. This is your chance to compare loans and find out what mortgage is best for you!


Want to see if you have the best deal?

Enter your information below and apply for a free Mortgage Loan Estimate and it compare it to your current one.

The total selling price of a property.

Money that you pay at the time of closing that is included in your cash to close, this is the minimum contribution you have invested in the loan.

Downpayment in the form of a percentage %.

Your estimated credit score

First Name

Last Name


Phone Number

Need a Mortgage Loan Estimate question answered sooner?




Our mortgage experts are here to answer any questions about your Loan Estimate. Feel free to give us a call 855-610-1112, email us, or use the chat in the bottom right-hand corner of your screen.