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 5.45 1.30% 13396.50 2679.30
1 year 6.99 6.59 0.40% 827.16 827.16
2 year 6.89 6.19 0.70% 2891.56 1445.78
3 year 6.19 4.59 1.60% 9858.72 3286.24
4 year 5.99 4.59 1.40% 11496.24 2874.06
5 year 5.79 4.44 1.35% 13845.26 2769.05
7 year 6.85 5.89 0.96% 13868.06 1981.15
10 year 6.95 5.99 0.96% 19821.12 1982.11