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 5.80 0.95% 9798.06 1959.61
1 year 6.99 6.99 0.00% 0.00 0.00
2 year 6.89 6.79 0.10% 413.68 206.84
3 year 6.19 5.14 1.05% 6478.45 2159.48
4 year 5.99 4.94 1.05% 8629.53 2157.38
5 year 5.79 4.89 0.90% 9240.30 1848.06
7 year 6.85 6.19 0.66% 9541.22 1363.03
10 year 6.95 6.29 0.66% 13636.92 1363.69