Trade Off Table - Good Faith Estimate

KEEP YOUR LOAN ESTIMATES ORGANIZED. Fill out the form below then hit print or email.

Using tradeoff Table

In this GFE, we offered you this loan with a particular interest rate and estimated settlement charges. However:

If you want to choose this same loan with lower settlement charges, then you will have a higher interest rate.
If you want to choose this same loan with a lower interest rate, then you will have higher settlement charges.

If you would like to choose an available option, you must ask us for a new GFE.
Loan originators have the option to complete this table. Please ask for additional information if the table is not completed.

Good Faith Estimate Mortgage Shopping Comparison Tool

TradeOff Table	The loan in this GFE	The same loan with lower settlement charges	The same loan with a lower interest rate
Your initial loan amount
Your initial interest rate¹
Your initial monthly amount owed
Change in the monthly amount owed from this GFE
Change in the amount you will pay at settlement with this interest rate
How much your total estimated settlement charges will be
¹ For an adjustable rate loan, the comparisons above are for the initial interest rate before adjustments are made.
Using the Shopping Chart Use this chart to compare GFEs from different loan originators. Fill in the information by using a different column for each GFE you receive. By comparing loan offers, you can shop for the best loan.

	This loan	Loan 2	Loan 3	Loan 4
Loan originator name
Initial loan amount
Loan term
Initial interest rate
Initial monthly amount owed
Rate lock period
Can interest rate rise?
Can loan balance rise?
Can monthly amount owed rise?
Prepayment penalty?
Balloon payment?
Total Estimated Settlement Charges

TradeOffTable