Rate Comparisons
Loan Factory vs. Wells Fargo
Rates as of Wednesday, January 29 2025 at 11:00 AM (Pacific Time)
| Wells Fargo | ||
|---|---|---|
| Rate | 6.25% (APR=6.29%) | 6.75% (APR=6.936%) |
| Points / Credits | $849 | $6,785 |
| Payment | $1,231 | $1,297 |
| Saving over 30 years | $29,696 | $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 Thursday, January 23 2025 at 11:00 AM (Pacific Time)
| Chase | ||
|---|---|---|
| Rate | 6.375% (APR=6.415%) | 6.99% (APR=7.079%) |
| Points / Credits | $1,269 | $2,853 |
| Payment | $1,872 | $1,994 |
| Saving over 30 years | $45,464 | $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, January 29 2025 at 11:00 AM (Pacific Time)
| Citibank | ||
|---|---|---|
| Rate | 6.25% (APR=6.25%) | 6.625% (APR=6.819%) |
| Points / Credits | $0 | $1,125 |
| Payment | $924 | $960 |
| Saving over 30 years | $14,085 | $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, January 29 2025 at 11:00 AM (Pacific Time)
| Bank of America | ||
|---|---|---|
| Rate | 6.25% (APR=6.297%) | 7% (APR=7.269%) |
| Points / Credits | $1,000 | $1,726 |
| Payment | $1,231 | $1,331 |
| Saving over 30 years | $36,726 | $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, January 29 2025 at 11:00 AM (Pacific Time)
| Guaranteed Rate | ||
|---|---|---|
| Rate | 6.375% (APR=6.394%) | 6.575% (APR=6.929%) |
| Points / Credits | $704 | $4,155 |
| Payment | $2,184 | $2,230 |
| Saving over 30 years | $20,011 | $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, January 29 2025 at 11:00 AM (Pacific Time)
| Better.com | ||
|---|---|---|
| Rate | 6.25% (APR=6.274%) | 6.5% (APR=6.683%) |
| Points / Credits | $400 | $3,200 |
| Payment | $985 | $1,011 |
| Saving over 30 years | $12,160 | $0 |
(Assumptions: Purchase price: $200,000. Loan amount: $160,000. ZIP code: 94123, Credit 760+. Single Family Residence. Primary Residence. 30-day lock)