Rate Comparisons
Loan Factory vs. Wells Fargo
Rates as of Tuesday, January 07 2025 at 5:00 PM (Pacific Time)
| Wells Fargo | ||
|---|---|---|
| Rate | 6.5% (APR=6.528%) | 6.75% (APR=6.961%) |
| Points / Credits | $578 | $8,136 |
| Payment | $1,264 | $1,297 |
| Saving over 30 years | $19,438 | $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 Tuesday, January 07 2025 at 5:00 PM (Pacific Time)
| Chase | ||
|---|---|---|
| Rate | 6.5% (APR=6.516%) | 7% (APR=7.104%) |
| Points / Credits | $507 | $2,853 |
| Payment | $1,896 | $1,996 |
| Saving over 30 years | $38,314 | $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 Tuesday, January 07 2025 at 5:00 PM (Pacific Time)
| Citibank | ||
|---|---|---|
| Rate | 6.375% (APR=6.411%) | 6.875% (APR=7.072%) |
| Points / Credits | $563 | $1,125 |
| Payment | $936 | $985 |
| Saving over 30 years | $18,202 | $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 Tuesday, January 07 2025 at 5:00 PM (Pacific Time)
| Bank of America | ||
|---|---|---|
| Rate | 6.5% (APR=6.547%) | 7% (APR=7.294%) |
| Points / Credits | $982 | $1,726 |
| Payment | $1,264 | $1,331 |
| Saving over 30 years | $24,864 | $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 Tuesday, January 07 2025 at 5:00 PM (Pacific Time)
| Guaranteed Rate | ||
|---|---|---|
| Rate | 6.5% (APR=6.529%) | 6.775% (APR=7.162%) |
| Points / Credits | $1,061 | $4,284 |
| Payment | $2,212 | $2,276 |
| Saving over 30 years | $26,263 | $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 Tuesday, January 07 2025 at 5:00 PM (Pacific Time)
| Better.com | ||
|---|---|---|
| Rate | 6.5% (APR=6.52%) | 6.625% (APR=6.822%) |
| Points / Credits | $333 | $3,200 |
| Payment | $1,011 | $1,024 |
| Saving over 30 years | $7,547 | $0 |
(Assumptions: Purchase price: $200,000. Loan amount: $160,000. ZIP code: 94123, Credit 760+. Single Family Residence. Primary Residence. 30-day lock)