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Which Loan Is Better Mortgage Calculator

Current Interest Rates
PRODUCT +/- Rate Last week
30 year fixed Graph Icon Arrow 3.83% 3.90%
15 year fixed Graph Icon Arrow 2.96% 3.00%
5/1 ARM Graph Icon Arrow 3.11% 3.22%

 Rate disclaimer

PRODUCT +/- Rate Last week
30 year fixed refi Graph Icon Arrow 3.95% 4.03%
15 year fixed refi Graph Icon Arrow 3.06% 3.11%
10 year fixed refi Graph Icon Arrow 3.03% 3.08%
PRODUCT +/- Rate Last week
60 month used car loan Graph Icon Arrow 2.68% 2.52%
48 month used car loan Graph Icon Arrow 2.96% 2.87%
60 month new car loan Graph Icon Arrow 3.13% 3.14%
PRODUCT +/- Yield Last week
1 Year CD Graph Icon Arrow 1.06% 1.07%
2 Year CD Graph Icon Arrow 1.16% 1.20%
5 Year CD Graph Icon Arrow 1.77% 1.77%
PRODUCT Rate
MMA and SAVINGS 0.44%
$10k MMA 0.48%
Interest Checking 0.39%
Compare Mortgage Rates
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Input
  Loan 1 Loan 2
Amount ($)
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