Quick links: Bank ratings | Graph rates | 100 High Yield CDs

Mortgage calculator

Mortgage Point Adviser

When you pay "points," you pay interest in a lump sum upfront to get a lower rate on your fixed rate mortgage.

Each point costs 1% of the mortgage amount. The more points you pay, the lower your mortgage rate. So, which is the best for you? More points and a lower rate? Or fewer points and higher rate?

To decide, you need to consider: (1) Whether you can afford to make the upfront payment now for points. (2) The length of time expect to have the mortgage. The longer you plan to have your mortgage, the more it makes sense to pay for points now because you'll have a long time to benefit from the lower rate. Answer the questions below and we'll advise you on what's best for you.

How long do you expect to stay in your next home?

Enter number of years:   Min:1 Max:80
Fixed Rates
Adjustable Rates (ARMs) and Interest Only (IOs)
Start Here
Type of Loan:
Home Description:
Credit Profile:
Property Location:
* Please select a "Property Location"
Get up to Four Loan Offers in Minutes!
Compare low rates from the nation's top lenders and local brokers
  • Fill out our simple, secure form
  • Receive up to 4 loan offers
  • Choose the program that best fits your needs
Compare Mortgage Rates
Zip code:
Product:



About our rates
advertisement
About this index
Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed
5.13%
5.16%
15 yr fixed
4.70%
4.60%
5/1 ARM
4.30%
4.26%
30 yr fixed refi
5.12%
5.15%
View rates in your area:
advertisement
advertisement

Mortgage rates giving you motion sickness?

Let us watch for you. We'll tell you when they hit your target.

Sign up now! It's simple. »
Subscribe:RSS Feeds