Rate Comparisons

Shopping around the lowest possible rate, whether on your first mortgage or in a refinancing scenario can save you thousands of dollars over the long run. The truth is that whatever your personal debt scenario, reduced interest rates are a good thing.

Just take a look at this example:

Imagine a $400,000 mortgage.

If your interest rate was 5.4%, your monthly payments would come in around $2418.

By lowering your interest rate to 3.6%, your payments would come down to roughly $2018 per month.

That represents a savings of $400 every month. Or, if you want to look at it another way, that’s $4800 a year in your pocket. Or, if your’e on a 5 year term, you’d be looking at a full $24000 in savings over those 5 years.

Imagine what you could do with those savings? That’s why we’re here to work with you and for you, to always help you find the best rates possible.