Savings are calculated based on a mortgage of $200,000.00.

Term Other Ours (APR) Difference Interest You Save Per Term Interest You Save Per Year
Variable 2.85 2.30 0.55% $5,570.81 $1,114.16
1 year 3.70 2.49 1.21% $2,457.45 $2,457.45
2 year 4.05 2.39 1.66% $6,746.90 $3,373.45
3 year 4.55 2.49 2.06% $12,577.54 $4,192.51
4 year 5.19 2.59 2.60% $21,204.56 $5,301.14
5 year 5.39 2.69 2.70% $27,545.40 $5,509.08
7 year 6.85 3.59 3.26% $46,831.20 $6,690.17
10 year 6.95 3.79 3.16% $64,896.92 $6,489.69