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Loans
Compare A 'No-Cost' Versus Traditional Mortgage
Many lenders will offer a "no-cost" loan in lieu of a traditional mortgage. "No-cost" loans are generally priced at a higher interest rate than a traditional mortgage so that the lender can pay for all your closing costs and provide them with their profit. Use this calculator to help determine if a no-cost loan with your lender may be less expensive than a traditional mortage.
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This calculator is provided by Financial Calculators, Inc., and is intended solely for general information and educational purposes. You should not take any action on the basis of the information provided through this calculator. Please see the disclaimer for further information and limitations.
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Rates
See today's average rates across the country.
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Loan Type Today Last Week 30 Year Fixed 6.38% 5.87% 15 Year Fixed 6.07% 5.61% 1 Year ARM 6.28% 7.14% 30 Year Fixed Jumbo 7.65% 7.31% 5/1 ARM 6.04% 5.84% 3/1 ARM 5.86% 5.70% Source: Bankrate -
Loan Type Today Last Week $30K Home Equity Loan 7.66% 7.64% $50K Home Equity Loan 7.25% 7.25% $75K Home Equity Loan 7.26% 7.26% $30K HELOC 5.15% 5.23% $50K HELOC 4.78% 4.80% $75K HELOC 4.79% 4.81% Source: Bankrate -
Loan Type Today Last Week 36 Month New Car Loan 6.81% 6.77% 48 Month New Car Loan 6.58% 6.82% 60 Month New Car Loan 6.60% 6.84% 72 Month New Car Loan 6.44% 6.44% 36 Month Used Car Loan 7.18% 7.15% 48 Month Used Car Loan 6.85% 6.94% Source: Bankrate -
Card Type Today Last Week Balance Transfer 10.31% 10.03% Low Interest 11.01% 10.97% For Bad Credit 13.02% 13.12% Cash Back 11.47% 11.46% Business 11.10% 10.91% Airline 12.75% 12.69% Source: CreditCards.com
