Builder’s Lender

It compares the total cost of using the builder's preferred lender—who may offer a closing cost credit—against using your own lender with a potentially better interest rate.

Input the loan amount, interest rate, and credit amount offered by the builder's lender. Then enter the rate and any costs from your own lender to compare monthly and total costs.

It's a closing cost credit offered by the builder when you use their preferred lender. While it can reduce upfront costs, it may come with a higher interest rate.

Even with a closing cost credit, a higher rate may cost you more in the long run. The calculator shows whether taking the credit offsets the cost of a higher payment.

Yes. Many lenders offer rate options with built-in credits or discounted costs. This calculator lets you compare any offer you receive—even from third-party lenders.

No. It only compares principal and interest payments and upfront credits. Use a full monthly payment calculator if you need PITI estimates.

No. Builder credits are promotional and optional. This tool simply helps you evaluate whether it's actually a better deal.