Every cost on your Loan Estimate, explained.
See how the rate and costs on your Loan Estimate stack up against what borrowers with similar loans are seeing, line by line, in plain English.
Free to use. No account, and no contact details to see your breakdown.
Available through participating loan officers. Working with one? Ask for their KnowMyLoan link.
Three steps to a clear picture.
A clear picture of what your loan really costs, in plain language.
Add your Loan Estimate
Upload the PDF your lender sent, or take a photo of each page. Nothing to sign up for.
Our AI reads and explains it
AI breaks down every closing cost in plain English and groups each one by who controls it.
See how your costs and rate compare
We show where your costs and rate sit against public market data. You can also ask a licensed broker to review it with you.
See your loan the way the market sees it.
When you upload your estimate, our AI reads it, any PDF or photo, and pulls out every line. Then a transparent engine measures your loan against daily rate-lock data from a large share of real US mortgage locks, applies the same rate adjustments the market uses for things like credit, down payment, and loan type, and tunes it to your exact scenario. You can see exactly how every number was reached.
- Our AI reads your document, any format, every line.
- Measured against daily rate-lock data from a large share of real US mortgage locks.
- Adjusted with the same rate factors the market uses (credit, down payment, loan type), tuned to your exact scenario.
- Your lender fees benchmarked against public HMDA data.
- No rate or APR is quoted, and we never sell your data.
Honest about what this is.
It is educational
The breakdown helps you understand your costs. It is not a loan offer or financial advice.
It is AI, with a margin for error
Treat the analysis as a starting point and confirm anything important with a licensed professional.
A licensed person does the real review
Any rate, quote, or advice comes from a licensed loan officer. This tool helps you ask better questions.
Questions, answered plainly.
Why is it free?
The tool is offered to you through a licensed loan officer who pays for the software. You get the breakdown at no cost and with no obligation.
What data do you use?
Your uploaded Loan Estimate plus publicly available market data, including public rate indices and published loan-level price adjustments. We show how the comparison is built.
Is this financial advice?
No. It is educational. It does not quote a rate or recommend a loan. A licensed loan officer handles anything beyond understanding your costs.
Who sees my information?
Only you, unless you choose to ask the loan officer whose tool you used to review it. We never sell your data.
Can I see what the report looks like?
Yes. There is a demo with a sample Loan Estimate so you can walk through a full report before you decide anything. See the sample report.
Working with a loan officer?
KnowMyLoan is offered through participating loan officers. If yours offers it, ask for their link. If they don't yet, you can send them this.
Are you a loan officer? Give your clients a free, branded tool that explains their Loan Estimate and builds trust before the first call.
See plans for loan officers