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Which Loan Is Better Mortgage Calculator

Current Interest Rates
PRODUCT +/- Rate Last week
30 year fixed Graph Icon Arrow 3.44% 3.44%
15 year fixed Graph Icon Arrow 2.70% 2.69%
5/1 ARM Graph Icon Arrow 2.92% 2.96%

 Rate disclaimer

PRODUCT +/- Rate Last week
30 year fixed refi Graph Icon Arrow 3.46% 3.45%
15 year fixed refi Graph Icon Arrow 2.74% 2.72%
10 year fixed refi Graph Icon Arrow 2.73% 2.71%
PRODUCT +/- Rate Last week
60 month used car loan Graph Icon Arrow 2.91% 2.88%
48 month used car loan Graph Icon Arrow 2.87% 2.88%
60 month new car loan Graph Icon Arrow 3.11% 3.23%
PRODUCT +/- Yield Last week
1 Year CD Graph Icon Arrow 1.12% 1.08%
18 Month CD Graph Icon Arrow 0.98% 1.02%
2 Year CD Graph Icon Arrow 1.29% 1.27%
PRODUCT Rate
MMA and SAVINGS 0.50%
$10k MMA 0.49%
Interest Checking 0.37%
Compare Mortgage Rates
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Input
  Loan 1 Loan 2
Amount ($)
Interest (%) (%)
Loan Length (Yrs) (Yrs)
Points (%) (%)
Origination Fees (%) (%)
ClosingCost ($) ($)
Financial Analysis
  Loan 1 Loan 2
Monthly Payment $2,500.00 $3,750.00
Origination Fees $0.00 $1,250.00
Total Closing Cost $3,700.00 $5,700.00
Amount Financed $247,500.00 $246,250.00
Monthly Payment $1,291.08 $1,211.40
Total Monthly Payment $464,787.78 $436,104.71
Total Savings $0.00 $28,683.06