Rate Comparisons
Loan Factory vs. Wells Fargo
Rates as of Monday, October 21 2024 at 2:00 PM (Pacific Time)
| Wells Fargo | ||
|---|---|---|
| Rate | 6% (APR=6.005%) | 6.25% (APR=6.442%) |
| Points / Credits | $99 | $7,409 |
| Payment | $1,199 | $1,231 |
| Saving over 30 years | $18,830 | $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 Monday, October 21 2024 at 2:00 PM (Pacific Time)
| Chase | ||
|---|---|---|
| Rate | 6% (APR=6.034%) | 6.625% (APR=6.736%) |
| Points / Credits | $1,100 | $2,853 |
| Payment | $1,799 | $1,921 |
| Saving over 30 years | $45,648 | $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 Monday, October 21 2024 at 2:00 PM (Pacific Time)
| Citibank | ||
|---|---|---|
| Rate | 6% (APR=6.012%) | 6.375% (APR=6.59%) |
| Points / Credits | $188 | $1,125 |
| Payment | $899 | $936 |
| Saving over 30 years | $14,257 | $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 Monday, October 21 2024 at 2:00 PM (Pacific Time)
| Bank of America | ||
|---|---|---|
| Rate | 6% (APR=6.023%) | 6.625% (APR=6.929%) |
| Points / Credits | $499 | $1,726 |
| Payment | $1,199 | $1,281 |
| Saving over 30 years | $30,747 | $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 Monday, October 21 2024 at 2:00 PM (Pacific Time)
| Guaranteed Rate | ||
|---|---|---|
| Rate | 6.25% (APR=6.267%) | 6.375% (APR=6.743%) |
| Points / Credits | $632 | $4,319 |
| Payment | $2,155 | $2,184 |
| Saving over 30 years | $14,127 | $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 Monday, October 21 2024 at 2:00 PM (Pacific Time)
| Better.com | ||
|---|---|---|
| Rate | 6% (APR=6.011%) | 6.5% (APR=6.693%) |
| Points / Credits | $191 | $3,200 |
| Payment | $959 | $1,011 |
| Saving over 30 years | $21,729 | $0 |
(Assumptions: Purchase price: $200,000. Loan amount: $160,000. ZIP code: 94123, Credit 760+. Single Family Residence. Primary Residence. 30-day lock)