Should You Use the Builder's Lender?

Should You Use the Builder's Lender?

Compare the long-term costs of a builder's lender vs. an external lender.

Builder's Lender

Home Price *

Down Payment (%)

Interest Rate (%) *

Closing Costs *

External Lender

Home Price *

Down Payment (%)

Interest Rate (%) *

Closing Costs *

Loan Term *

Loan Type *

Time Before Selling (years) *

VA Usage *

Financed Loan Amount: Builder's Lender - $450,000 | External Lender - $400,000

Builder's Lender Total Cost

$465,000

External Lender Total Cost

$450,000

Use the External Lender—you’d be $15,000 better off over 5 years

Adjust the time before selling to see different outcomes.

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