{"id":151,"date":"2015-06-24T16:31:00","date_gmt":"2015-06-24T16:31:00","guid":{"rendered":"http:\/\/gohome.fastforwardstories.com\/?p=4830"},"modified":"2015-06-24T16:31:00","modified_gmt":"2015-06-24T16:31:00","slug":"understanding-loan-estimate-comparisons","status":"publish","type":"post","link":"https:\/\/cloud.titletapsites.com\/brokerstitlecfl\/2015\/06\/24\/understanding-loan-estimate-comparisons\/","title":{"rendered":"Understanding Loan Estimate Comparisons"},"content":{"rendered":"<p><script src=\"https:\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_responsive_padding\" style=\"padding:56.25% 0 0 0;position:relative;\">\n<div class=\"wistia_responsive_wrapper\" style=\"height:100%;left:0;position:absolute;top:0;width:100%;\">\n<div class=\"wistia_embed wistia_async_zuxv1yltr0 dnt=1 videoFoam=true\" style=\"height:100%;position:relative;width:100%\">\n<div class=\"wistia_swatch\" style=\"height:100%;left:0;opacity:0;overflow:hidden;position:absolute;top:0;transition:opacity 200ms;width:100%;\"><img decoding=\"async\" src=\"https:\/\/fast.wistia.com\/embed\/medias\/zuxv1yltr0\/swatch\" style=\"filter:blur(5px);height:100%;object-fit:contain;width:100%;\" alt=\"\" aria-hidden=\"true\" onload=\"this.parentNode.style.opacity=1;\" \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Page 3 of your Loan Estimate includes measures to help you compare loans.<\/p>\n<p>&#8220;In X Years&#8221; shows the total amount you will have paid in that time, and the dollar amount applied to your loan principal. The ratio between total paid and principal reduced may change over time.<\/p>\n<p>The APR shows interest PLUS fees as an annual ratio &#8211; APR is the actual percentage this loan costs per year.<\/p>\n<p>The TIP figure relates the interest you will pay over the life of the loan to the loan amount. For example &#8211; a&#160;TIP value of 25% on a $100,000 loan means you will pay $125,000 &#8211; $100K principal plus $25K interest &#8211; over the life of the loan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Page 3 of your Loan Estimate includes measures to help you compare loans. &#8220;In X Years&#8221; shows the total amount you will have paid in that time, and the dollar amount applied to your loan principal. The ratio between total paid and principal reduced may change over time. The APR shows interest PLUS fees as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-151","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Understanding Loan Estimate Comparisons - Maitland, FL Title Company | Brokers Title of Central Florida, LLC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cloud.titletapsites.com\/brokerstitlecfl\/2015\/06\/24\/understanding-loan-estimate-comparisons\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Understanding Loan Estimate Comparisons - Maitland, FL Title Company | Brokers Title of Central Florida, LLC\" \/>\n<meta property=\"og:description\" content=\"Page 3 of your Loan Estimate includes measures to help you compare loans. &#8220;In X Years&#8221; shows the total amount you will have paid in that time, and the dollar amount applied to your loan principal. 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