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 4.99 2.00% 4119.80 4119.80
2 year 6.89 4.79 2.10% 8645.28 4322.64
3 year 6.19 3.99 2.20% 13535.94 4511.98
4 year 5.99 4.29 1.70% 13949.52 3487.38
5 year 5.79 4.19 1.60% 16399.20 3279.84
7 year 6.85 4.99 1.86% 26810.78 3830.11
10 year 6.95 5.19 1.76% 36268.32 3626.83