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Which Loan Is Better Mortgage Calculator

Current Interest Rates
PRODUCT +/- Rate Last week
30 year fixed Graph Icon Arrow 3.99% 3.98%
15 year fixed Graph Icon Arrow 3.18% 3.14%
5/1 ARM Graph Icon Arrow 3.38% 3.36%

 Rate disclaimer

PRODUCT +/- Rate Last week
30 year fixed refi Graph Icon Arrow 4.01% 4.02%
15 year fixed refi Graph Icon Arrow 3.20% 3.17%
10 year fixed refi Graph Icon Arrow 3.13% 3.11%
PRODUCT +/- Rate Last week
60 month used car loan Graph Icon Arrow 3.00% 3.01%
48 month used car loan Graph Icon Arrow 3.04% 3.04%
60 month new car loan Graph Icon Arrow 3.06% 3.06%
PRODUCT +/- Yield Last week
6 Month CD Graph Icon Arrow 0.67% 0.74%
1 Year CD Graph Icon Arrow 1.17% 1.17%
2 Year CD Graph Icon Arrow 1.32% 1.33%
PRODUCT Rate
MMA and SAVINGS 0.55%
$10k MMA 0.51%
Interest Checking 0.31%
Compare Mortgage Rates
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You can search our directory or Mortage Brokers & Lenders and get a current quote on 30 year fixed mortgage rates as well as current mortgage interest rate for other loan programs.

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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