Rate comparisons
Loan Factory vs. Wells Fargo
Rates as of Friday, September 06 2024 at 3:00 PM (Pacific Time)
| Wells Fargo | ||
|---|---|---|
| Rate | 5.5% (APR=5.506%) | 5.625% (APR=5.812%) |
| Points / Credits | $140 | $7,842 |
| Payment | $1,136 | $1,151 |
| Saving over 30 years | $13,102 | $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 Friday, September 06 2024 at 3:00 PM (Pacific Time)
| Chase | ||
|---|---|---|
| Rate | 5.375% (APR=5.42%) | 5.99% (APR=6.081%) |
| Points / Credits | $1,488 | $2,853 |
| Payment | $1,680 | $1,797 |
| Saving over 30 years | $43,384 | $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 Friday, September 06 2024 at 3:00 PM (Pacific Time)
| Citibank | ||
|---|---|---|
| Rate | 5.375% (APR=5.386%) | 5.875% (APR=5.945%) |
| Points / Credits | $188 | $1,125 |
| Payment | $840 | $887 |
| Saving over 30 years | $17,857 | $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 Friday, September 06 2024 at 3:00 PM (Pacific Time)
| Bank of America | ||
|---|---|---|
| Rate | 5.5% (APR=5.5%) | 6.25% (APR=6.508%) |
| Points / Credits | $0 | $1,726 |
| Payment | $1,136 | $1,231 |
| Saving over 30 years | $35,926 | $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 Friday, September 06 2024 at 3:01 PM (Pacific Time)
| Guaranteed Rate | ||
|---|---|---|
| Rate | 5.5% (APR=5.538%) | 5.875% (APR=6.162%) |
| Points / Credits | $1,470 | $3,553 |
| Payment | $1,987 | $2,070 |
| Saving over 30 years | $31,963 | $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 Friday, September 06 2024 at 3:01 PM (Pacific Time)
| Better.com | ||
|---|---|---|
| Rate | 5.375% (APR=5.409%) | 6% (APR=6.189%) |
| Points / Credits | $600 | $3,200 |
| Payment | $896 | $959 |
| Saving over 30 years | $25,280 | $0 |
(Assumptions: Purchase price: $200,000. Loan amount: $160,000. ZIP code: 94123, Credit 760+. Single Family Residence. Primary Residence. 30-day lock)