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 6.75 3.50 3.25% 33332.81 6666.56
1 year 6.99 4.89 2.10% 4324.74 4324.74
2 year 6.89 4.54 2.35% 9668.61 4834.30
3 year 6.19 4.59 1.60% 9858.72 3286.24
4 year 5.99 4.79 1.20% 9858.72 2464.68
5 year 5.79 4.68 1.11% 11390.54 2278.11
7 year 6.85 5.50 1.35% 19483.54 2783.36
10 year 6.95 5.89 1.06% 21880.52 2188.05