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 4.05 2.70% 27729.00 5545.80
1 year 6.99 5.79 1.20% 2476.68 2476.68
2 year 6.89 5.59 1.30% 5362.24 2681.12
3 year 6.19 4.29 1.90% 11698.68 3899.56
4 year 5.99 4.49 1.50% 12314.40 3078.60
5 year 5.79 4.39 1.40% 14356.30 2871.26
7 year 6.85 5.89 0.96% 13868.06 1981.15
10 year 6.95 5.99 0.96% 19821.12 1982.11