A home. A fresh start. A little more breathing room. Understand your options and find the financial products that move you forward.
Illustrative rates, not lender offers. Assumes two new 30-year fixed loans. Excludes closing costs, taxes, insurance, and mortgage insurance.
Put payments, fees, and tradeoffs next to each other.
All provider names and terms in this showcase are fictional. Rates are illustrative, not live offers. No provider relationship, approval, or deposit insurance is implied.
30-year fixed mortgage
A balance of payment and upfront cost
The tradeoffA lower upfront cost can come with a higher interest rate.
30-year fixed mortgage
Lower rate, more paid upfront
The tradeoffRecovering the higher upfront cost takes time.
30-year fixed mortgage
Keep more cash for moving day
The tradeoffThe higher rate raises monthly and lifetime interest costs.
$350,000 loan, 30-year fixed term, 20% down, owner-occupied single-family home, 760 credit score assumed. Costs paid upfront. APR assumes all shown loan costs are finance charges. Payment excludes taxes, insurance, HOA, and mortgage insurance. Other closing costs may apply.
Featured order demonstrates a sponsored position followed by two example listings. Other sorts use the displayed figures. No placement has been purchased. RatesMatter receives no referral compensation from these examples. A higher position is not a recommendation.
A lower rate is a starting point. A better decision considers the whole picture.
Look past the headline rate. Understand your break-even point, closing costs, and how long you plan to stay.
Explore refinancingSee how long monthly savings could take to cover upfront costs.
Calculate your break-even