First Loan Loan amount? $ Loan term (years)? Interest rate? % Origination charges? $ Interest rate buy-down? $ Other settlement services? $ Second Loan Loan amount? $ Loan term (years)? Interest rate? % Origination charges? $ Interest rate buy-down? $ Other settlement services? $ Printer-friendly version First Loan Closing Costs Loan Amount Monthly Payment Second Loan Closing Costs Loan Amount Monthly Payment Chart TableCost of Loan ComparisonCost CategoryFirst LoanSecond LoanTotal InterestTotal Closing CostsTotal PrincipalTotal Cost of LoanSubmit When purchasing a home the mortgage you choose and the options you want with it will have a significant impact on how much your home costs you in the long run. Interest charges, origination fees, fees paid for a particular interest rate (formerly referred to as "points") and settlement costs will often have the most impact. Of these, the interest rate you pay will matter most.