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Compare two rate and term combinations side by side.

See a directional payment and total cost view for two loan scenarios before making a rate or term decision.

Rate comparison estimate

Adjust the numbers to fit your scenario.

Adjust the loan amount, then set Rate A and Rate B with their respective terms to see the payment and interest difference.

Loan

Loan amount

The principal amount being compared.

$350,000
$50k$1M

Option A

Rate A

First rate to compare.

7%
310

Term A

Loan term for option A.

30 years
1030

Option B

Rate B

Second rate to compare.

6.25%
310

Term B

Loan term for option B.

30 years
1030

Assumptions

Compares principal and interest only. Taxes, insurance, and mortgage insurance are not included.
Total interest is directional and assumes the full term is carried without early payoff.
Rate and term availability depend on product type, credit, and current market conditions.
Talk with a loan advisor to see what rates are actually available for your situation.

Snapshot

$174

Monthly difference A vs B

Directional monthly payment difference between the two rate/term combinations.

Estimate

Estimated results

Option A monthly payment

$2,329

Principal and interest only.

Option B monthly payment

$2,155

Principal and interest only.

Monthly difference

A costs +$174

Directional monthly cost difference between the two options.

Option A total interest

$488,281

Directional total interest paid over the full term.

Option B total interest

$425,804

Directional total interest paid over the full term.

These numbers are directional. Real results depend on your credit, income, property, and the full application.