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 6.25 0.50% 5162.50 1032.50
1 year 6.99 6.99 0.00% 0.00 0.00
2 year 6.89 6.29 0.60% 2479.08 1239.54
3 year 6.19 5.79 0.40% 2471.88 823.96
4 year 5.99 5.49 0.50% 4114.80 1028.70
5 year 5.79 5.39 0.40% 4111.80 822.36
7 year 6.85 6.29 0.56% 8097.54 1156.79
10 year 6.95 6.19 0.76% 15699.32 1569.93