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 2.25 0.60% $6,076.50 $1,215.30
1 year 3.70 2.49 1.21% $2,457.45 $2,457.45
2 year 4.05 2.59 1.46% $5,936.94 $2,968.47
3 year 4.55 2.69 1.86% $11,362.00 $3,787.33
4 year 5.19 2.89 2.30% $18,771.68 $4,692.92
5 year 5.39 2.89 2.50% $25,517.50 $5,103.50
7 year 6.85 3.64 3.21% $46,118.55 $6,588.36
10 year 6.95 3.84 3.11% $63,877.84 $6,387.78