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Which Loan Is Better Mortgage Calculator

Current Interest Rates
PRODUCT +/- Rate Last week
30 year fixed Graph Icon Arrow 3.65% 3.67%
15 year fixed Graph Icon Arrow 2.78% 2.78%
5/1 ARM Graph Icon Arrow 2.99% 2.96%

 Rate disclaimer

PRODUCT +/- Rate Last week
30 year fixed refi Graph Icon Arrow 3.69% 3.71%
15 year fixed refi Graph Icon Arrow 2.81% 2.81%
10 year fixed refi Graph Icon Arrow 2.78% 2.78%
PRODUCT +/- Rate Last week
60 month used car loan Graph Icon Arrow 2.63% 2.63%
48 month used car loan Graph Icon Arrow 3.40% 3.40%
60 month new car loan Graph Icon Arrow 3.34% 3.33%
PRODUCT +/- Yield Last week
1 Year CD Graph Icon Arrow 1.12% 1.14%
18 Month CD Graph Icon Arrow 0.98% 0.99%
2 Year CD Graph Icon Arrow 1.33% 1.33%
PRODUCT Rate
MMA and SAVINGS 0.50%
$10k MMA 0.54%
Interest Checking 0.25%
Compare Mortgage Rates
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Input
  Loan 1 Loan 2
Amount ($)
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