Cost Calculator

While industry-wide mortgage origination cost estimates garner a fair amount of attention, many community lenders find it challenging to precisely calculate their costs per loan. This cost calculator can help you quickly estimate your per-loan origination costs and show you how they compare to the industry average.

Cost Calculator: Step 1 of 2

First, answer the following questions about the operational expenses associated with your residential mortgage production.

What is your monthly residential mortgage application volume (units per month)?
What is your monthly residential mortgage closed loan volume (units per month)?
What was your total annual closed loan volume last year (in dollars)?
What are your dedicated residential loan staffing resources? (Does not include Loan Officers)
Staffing Resources # Full Time Employees Annual Salary3
Loan Processors
$

Loan Underwriters
$

Loan Closers
$

Administrative Staff
$

Loan Officer Assistant
$

Our bank delivers a phone- and tablet-friendly mortgage application process: