Rate Comparisons
Loan Factory vs. Wells Fargo
Rates as of Friday, October 18 2024 at 4:00 AM (Pacific Time)
| Wells Fargo | ||
|---|---|---|
| Rate | 5.875% (APR=5.906%) | 6.125% (APR=6.304%) |
| Points / Credits | $674 | $7,285 |
| Payment | $1,183 | $1,215 |
| Saving over 30 years | $18,131 | $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, October 18 2024 at 4:00 AM (Pacific Time)
| Chase | ||
|---|---|---|
| Rate | 6% (APR=6.014%) | 6.49% (APR=6.579%) |
| Points / Credits | $452 | $2,853 |
| Payment | $1,799 | $1,894 |
| Saving over 30 years | $36,684 | $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, October 18 2024 at 4:00 AM (Pacific Time)
| Citibank | ||
|---|---|---|
| Rate | 5.75% (APR=5.785%) | 6.125% (APR=6.337%) |
| Points / Credits | $563 | $1,125 |
| Payment | $875 | $911 |
| Saving over 30 years | $13,522 | $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, October 18 2024 at 4:00 AM (Pacific Time)
| Bank of America | ||
|---|---|---|
| Rate | 6% (APR=6%) | 6.5% (APR=6.776%) |
| Points / Credits | $0 | $1,726 |
| Payment | $1,199 | $1,264 |
| Saving over 30 years | $25,126 | $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, October 18 2024 at 4:00 AM (Pacific Time)
| Guaranteed Rate | ||
|---|---|---|
| Rate | 6% (APR=6.025%) | 6.325% (APR=6.672%) |
| Points / Credits | $935 | $4,074 |
| Payment | $2,098 | $2,172 |
| Saving over 30 years | $29,779 | $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, October 18 2024 at 4:00 AM (Pacific Time)
| Better.com | ||
|---|---|---|
| Rate | 5.875% (APR=5.887%) | 6.375% (APR=6.56%) |
| Points / Credits | $200 | $3,200 |
| Payment | $946 | $998 |
| Saving over 30 years | $21,720 | $0 |
(Assumptions: Purchase price: $200,000. Loan amount: $160,000. ZIP code: 94123, Credit 760+. Single Family Residence. Primary Residence. 30-day lock)