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Which Loan Is Better Mortgage Calculator

Current Interest Rates
PRODUCT +/- Rate Last week
30 year fixed Graph Icon Arrow 3.97% 4.14%
15 year fixed Graph Icon Arrow 3.05% 3.13%
5/1 ARM Graph Icon Arrow 3.06% 3.24%

 Rate disclaimer

PRODUCT +/- Rate Last week
30 year fixed refi Graph Icon Arrow 4.09% 4.22%
15 year fixed refi Graph Icon Arrow 3.16% 3.21%
10 year fixed refi Graph Icon Arrow 3.10% 3.20%
PRODUCT +/- Rate Last week
60 month used car loan Graph Icon Arrow 2.69% 2.69%
48 month used car loan Graph Icon Arrow 2.95% 2.96%
60 month new car loan Graph Icon Arrow 3.12% 3.13%
PRODUCT +/- Yield Last week
1 Year CD Graph Icon Arrow 1.03% 1.02%
2 Year CD Graph Icon Arrow 1.19% 1.16%
5 Year CD Graph Icon Arrow 1.76% 1.66%
PRODUCT Rate
MMA and SAVINGS 0.48%
$10k MMA 0.50%
Interest Checking 0.37%
Compare Mortgage Rates
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Input
  Loan 1 Loan 2
Amount ($)
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