Enter the details of two notes and instantly compare yield, discount, LTV, and cash flow — with a clear recommendation on which one to buy.
Fill in the note details above and click Calculate to see the comparison.
When you have two notes in front of you and need to decide which one to buy, this tool runs the numbers on both simultaneously and gives you a side-by-side verdict. Enter the details for each note and hit Compare — you'll get yield, discount, LTV (if you provide property values), and a plain-English recommendation.
Keep in mind that the numbers are only one part of the decision. Due diligence — verifying documents, confirming property value, and checking the borrower's payment history — matters just as much as the math.
It's easy to talk yourself into a mediocre deal when you're only looking at it in isolation — the numbers seem fine because you have nothing to measure them against. Putting two notes side by side forces an honest comparison: Note A might look attractive until you see Note B sitting right next to it with a meaningfully better yield and a lower LTV for a similar price. If you're actively building a note portfolio, get in the habit of running every serious opportunity against at least one alternative before committing capital.
No single metric wins the decision on its own. A note with a slightly lower yield but a much stronger LTV may be the smarter buy for an investor who prioritizes downside protection over maximum return.
This comparison is only as good as the numbers you enter. It can't tell you whether the borrower has a reliable payment history, whether the property is in good condition, or whether the seller's paperwork is clean. Treat a favorable comparison as a green light to move into full due diligence — not as a substitute for it.
I built this comparison tool because I kept catching myself evaluating notes one at a time and forgetting what a "good" deal actually looks like relative to what else is out there. Once I started running every serious opportunity side-by-side against at least one alternative, my decision-making got noticeably sharper — a deal that felt exciting on its own sometimes looked mediocre next to a second option.
One thing I always remind myself: the note with the better numbers on this page isn't automatically the better note to buy. If Note A wins on paper but I haven't verified the borrower's payment history or the property condition, I still walk it through full due diligence before I commit a dollar.