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Date Mortgage Interest Rate* P&I** Today $100,000 4.7% $515.91 2020

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Presentation on theme: "Date Mortgage Interest Rate* P&I** Today $100,000 4.7% $515.91 2020"— Presentation transcript:

1 Date Mortgage Interest Rate* P&I** Today $100,000 4.7% $515.91 2020 $104,700 4.9% $552.54 $36.63 Difference in Monthly Payment *Average Commitment Rate per Freddie Mac **Principal and Interest Payment Monthly Annually Over 30 Years $36.63 $439.56 $13,188

2 Date Mortgage Interest Rate* P&I** Today $200,000 4.7% $1,031.83 2020 $209,400 4.9% $1,105.08 $73.25 Difference in Monthly Payment *Average Commitment Rate per Freddie Mac **Principal and Interest Payment Monthly Annually Over 30 Years $73.25 $879.00 $26,370

3 Date Mortgage Interest Rate* P&I** Today $300,000 4.7% $1,547.74 2020 $314,100 4.9% $1,657.62 $109.88 Difference in Monthly Payment *Average Commitment Rate per Freddie Mac **Principal and Interest Payment Monthly Annually Over 30 Years $109.88 $1,318.56 $39,558

4 Date Mortgage Interest Rate* P&I** Today $400,000 4.7% $2,063.66 2020 $418,800 4.9% $2,210.15 $146.49 Difference in Monthly Payment *Average Commitment Rate per Freddie Mac **Principal and Interest Payment Monthly Annually Over 30 Years $146.49 $1,757.88 $52,737

5 Date Mortgage Interest Rate* P&I** Today $500,000 4.7% $2,579.57 2020 $523,500 4.9% $2,762.69 $183.12 Difference in Monthly Payment *Average Commitment Rate per Freddie Mac **Principal and Interest Payment Monthly Annually Over 30 Years $183.12 $2,197.44 $65,925

6 Date Mortgage Interest Rate* P&I** Today $600,000 4.7% $3,095.49 2020 $628,200 4.9% $3,314.18 $218.69 Difference in Monthly Payment *Average Commitment Rate per Freddie Mac **Principal and Interest Payment Monthly Annually Over 30 Years $218.69 $2,624.28 $78,729

7 Date Mortgage Interest Rate* P&I** Today $700,000 4.7% $3,611.40 2020 $732,900 4.9% $3,867.77 $256.37 Difference in Monthly Payment *Average Commitment Rate per Freddie Mac **Principal and Interest Payment Monthly Annually Over 30 Years $256.37 $3,076.44 $92,295

8 Date Mortgage Interest Rate* P&I** Today $800,000 4.7% $4,127.31 2020 $837,600 4.9% $4,420.31 $293.00 Difference in Monthly Payment *Average Commitment Rate per Freddie Mac **Principal and Interest Payment Monthly Annually Over 30 Years $293.00 $3,516 $105,480

9 Date Mortgage Interest Rate* P&I** Today $900,000 4.7% $4,643.23 2020 $942,300 4.9% $4,972.85 $329.62 Difference in Monthly Payment *Average Commitment Rate per Freddie Mac **Principal and Interest Payment Monthly Annually Over 30 Years $329.62 $3,955.44 $118,665

10 Date Mortgage Interest Rate* P&I** Today $1,000,000 4.7% $5,159.14 2020 $1,047,000 4.9% $5,525.39 $366.25 Difference in Monthly Payment *Average Commitment Rate per Freddie Mac **Principal and Interest Payment Monthly Annually Over 30 Years $366.25 $4,395 $131,850


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