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 2.05 0.80% $8,098.00 $1,619.60
1 year 3.70 2.49 1.21% $2,457.45 $2,457.45
2 year 4.05 2.24 1.81% $7,353.85 $3,676.92
3 year 4.55 2.36 2.19% $13,366.99 $4,455.66
4 year 5.19 2.59 2.60% $21,204.56 $5,301.14
5 year 5.39 2.44 2.95% $30,077.46 $6,015.49
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