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 3.50 3.25% 33332.81 6666.56
1 year 6.99 4.99 2.00% 4119.80 4119.80
2 year 6.89 4.19 2.70% 11099.16 5549.58
3 year 6.19 4.39 1.80% 11085.66 3695.22
4 year 5.99 4.59 1.40% 11496.24 2874.06
5 year 5.79 4.49 1.30% 13334.10 2666.82
7 year 6.85 5.09 1.76% 25375.50 3625.07
10 year 6.95 5.29 1.66% 34215.92 3421.59