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 2.85 1.75 1.10% $11,126.50 $2,225.30
1 year 3.70 1.89 1.81% $3,670.59 $3,670.59
2 year 4.05 1.79 2.26% $9,171.98 $4,585.99
3 year 4.55 1.59 2.96% $18,032.62 $6,010.87
4 year 5.19 1.79 3.40% $27,674.64 $6,918.66
5 year 5.39 1.79 3.60% $36,646.20 $7,329.24
7 year 6.85 2.44 4.41% $63,173.91 $9,024.84
10 year 6.95 2.84 4.11% $84,211.85 $8,421.18