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% $17,170.00 $3,434.00
1 year 3.70 1.99 1.71% $3,468.65 $3,468.65
2 year 4.05 1.99 2.06% $8,364.42 $4,182.21
3 year 4.55 1.64 2.91% $17,730.19 $5,910.06
4 year 5.19 1.79 3.40% $27,674.64 $6,918.66
5 year 5.39 1.84 3.55% $36,141.66 $7,228.33
7 year 6.85 2.84 4.01% $57,499.99 $8,214.28
10 year 6.95 3.24 3.71% $76,090.25 $7,609.02