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 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 5.69 1.16% 16749.12 2392.73
10 year 6.95 5.79 1.16% 23938.92 2393.89