Rate comparisons
Loan Factory vs. Wells Fargo
Rates as of Wednesday, June 26 2024 at 5:00 PM (Pacific Time)
| Wells Fargo | ||
|---|---|---|
| Rate | 6.25% (APR=6.286%) | 6.5% (APR=6.698%) |
| Points / Credits | $750 | $7,255 |
| Payment | $1,231 | $1,264 |
| Saving over 30 years | $18,385 | $0 |
(Assumptions: Purchase price: $267,000. Loan amount: $200,000. ZIP code: 77072, Credit 740+. Single Family Residence. Primary Residence. 30-day lock)
Loan Factory vs. Chase
Rates as of Wednesday, June 26 2024 at 5:00 PM (Pacific Time)
| Chase | ||
|---|---|---|
| Rate | 6.375% (APR=6.387%) | 6.875% (APR=6.981%) |
| Points / Credits | $375 | $2,853 |
| Payment | $1,872 | $1,971 |
| Saving over 30 years | $38,042 | $0 |
(Assumptions: Purchase price: $375,000. Loan amount: $300,000. ZIP code: 77072, Credit 740+. Single Family Residence. Primary Residence. 30-day lock)
Loan Factory vs. Citibank
Rates as of Wednesday, June 26 2024 at 5:00 PM (Pacific Time)
| Citibank | ||
|---|---|---|
| Rate | 6.25% (APR=6.262%) | 6.625% (APR=6.71%) |
| Points / Credits | $188 | $1,125 |
| Payment | $924 | $960 |
| Saving over 30 years | $13,897 | $0 |
(Assumptions: Purchase price: $200,000. Loan amount: $150,000. ZIP code: 90001, Credit 740+. Single Family Residence. Primary Residence. 30-day lock)
Loan Factory vs. Bank of America
Rates as of Wednesday, June 26 2024 at 5:00 PM (Pacific Time)
| Bank of America | ||
|---|---|---|
| Rate | 6.375% (APR=6.387%) | 7% (APR=7.28%) |
| Points / Credits | $250 | $1,726 |
| Payment | $1,248 | $1,331 |
| Saving over 30 years | $31,356 | $0 |
(Assumptions: Purchase price: $250,000. Loan amount: $200,000. ZIP code: 95464, Credit 740+. Single Family Residence. Primary Residence. 30-day lock)
Loan Factory vs. Guaranteed Rate
Rates as of Wednesday, June 26 2024 at 5:00 PM (Pacific Time)
| Guaranteed Rate | ||
|---|---|---|
| Rate | 6.375% (APR=6.411%) | 6.6% (APR=6.937%) |
| Points / Credits | $1,313 | $4,092 |
| Payment | $2,184 | $2,235 |
| Saving over 30 years | $21,139 | $0 |
(Assumptions: Purchase price: $437,500. Loan amount: $350,000. ZIP code: 60666, Credit 740+. Single Family Residence. Primary Residence. 30-day lock)
Loan Factory vs. Better.com
Rates as of Wednesday, June 26 2024 at 5:00 PM (Pacific Time)
| Better.com | ||
|---|---|---|
| Rate | 6.25% (APR=6.286%) | 6.5% (APR=6.668%) |
| Points / Credits | $600 | $3,200 |
| Payment | $985 | $1,011 |
| Saving over 30 years | $11,960 | $0 |
(Assumptions: Purchase price: $200,000. Loan amount: $160,000. ZIP code: 94123, Credit 760+. Single Family Residence. Primary Residence. 30-day lock)