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 1.15 1.70% 17170.00 3434.00
1 year 3.70 1.99 1.71% 3468.64 3468.64
2 year 4.05 1.99 2.06% 8364.42 4182.22
3 year 4.55 2.49 2.06% 12577.54 4192.52
4 year 5.19 2.59 2.60% 21204.56 5301.14
5 year 5.39 2.59 2.80% 28558.60 5711.72
7 year 6.85 2.94 3.91% 56079.76 8011.40
10 year 6.95 3.29 3.66% 75073.92 7507.40