Rate Comparisons
Loan Factory vs. Wells Fargo
Rates as of Wednesday, October 16 2024 at 2:00 PM (Pacific Time)
| Wells Fargo | ||
|---|---|---|
| Rate | 5.875% (APR=5.906%) | 6% (APR=6.201%) |
| Points / Credits | $674 | $7,774 |
| Payment | $1,183 | $1,199 |
| Saving over 30 years | $12,860 | $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, October 16 2024 at 2:00 PM (Pacific Time)
| Chase | ||
|---|---|---|
| Rate | 6% (APR=6.002%) | 6.49% (APR=6.577%) |
| Points / Credits | $68 | $2,853 |
| Payment | $1,799 | $1,894 |
| Saving over 30 years | $37,068 | $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, October 16 2024 at 2:00 PM (Pacific Time)
| Citibank | ||
|---|---|---|
| Rate | 5.75% (APR=5.762%) | 6.125% (APR=6.325%) |
| Points / Credits | $188 | $1,125 |
| Payment | $875 | $911 |
| 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, October 16 2024 at 2:00 PM (Pacific Time)
| Bank of America | ||
|---|---|---|
| Rate | 5.875% (APR=5.887%) | 6.5% (APR=6.768%) |
| Points / Credits | $250 | $1,726 |
| Payment | $1,183 | $1,264 |
| Saving over 30 years | $30,636 | $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, October 16 2024 at 2:00 PM (Pacific Time)
| Guaranteed Rate | ||
|---|---|---|
| Rate | 6% (APR=6.014%) | 6.125% (APR=6.488%) |
| Points / Credits | $534 | $4,190 |
| Payment | $2,098 | $2,127 |
| Saving over 30 years | $14,096 | $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, October 16 2024 at 2:00 PM (Pacific Time)
| Better.com | ||
|---|---|---|
| Rate | 5.75% (APR=5.785%) | 6.25% (APR=6.464%) |
| Points / Credits | $600 | $3,200 |
| Payment | $934 | $985 |
| Saving over 30 years | $20,960 | $0 |
(Assumptions: Purchase price: $200,000. Loan amount: $160,000. ZIP code: 94123, Credit 760+. Single Family Residence. Primary Residence. 30-day lock)