Date
Mortgage
Interest Rate*
P&I**
Today
$100,000
4.0%
$477.42
2016 3Q $105,300
5.0%
$565.27
Difference in Monthly Payment
$87.85
*Average Commitment Rate per Freddie Mac
**Principal and Interest Payment
Date
Mortgage
Interest Rate*
P&I**
Today
$200,000
4.0%
$954.83
2016 3Q $210,600
5.0%
$1,130.55
Difference in Monthly Payment
$175.72
*Average Commitment Rate per Freddie Mac
**Principal and Interest Payment
Date
Mortgage
Interest Rate*
P&I**
Today
$300,000
4.0%
$1,432.25
2016 3Q $315,900
5.0%
$1,695.82
Difference in Monthly Payment
$263.57
*Average Commitment Rate per Freddie Mac
**Principal and Interest Payment
Date
Mortgage
Interest Rate*
P&I**
Today
$400,000
4.0%
$1,909.66
2016 3Q $421,200
5.0%
$2,261.09
Difference in Monthly Payment
$351.43
*Average Commitment Rate per Freddie Mac
**Principal and Interest Payment
Date
Mortgage
Interest Rate*
P&I**
Today
$500,000
4.0%
$2,387.08
2016 3Q $526,500
5.0%
$2,826.37
Difference in Monthly Payment
$439.29
*Average Commitment Rate per Freddie Mac
**Principal and Interest Payment
Date
Mortgage
Interest Rate*
P&I**
Today
$600,000
4.0%
$2,864.49
2016 3Q $631,800
5.0%
$3,391.64
Difference in Monthly Payment
$527.15
*Average Commitment Rate per Freddie Mac
**Principal and Interest Payment
Date
Mortgage
Interest Rate*
P&I**
Today
$700,000
4.0%
$3,341.91
2016 3Q $737,100
5.0%
$3,956.91
Difference in Monthly Payment
$615.00
*Average Commitment Rate per Freddie Mac
**Principal and Interest Payment
Date
Mortgage
Interest Rate*
P&I**
Today
$800,000
4.0%
$3,819.32
2016 3Q $842,400
5.0%
$4,522.19
Difference in Monthly Payment
$702.87
*Average Commitment Rate per Freddie Mac
**Principal and Interest Payment
Date
Mortgage
Interest Rate*
P&I**
Today
$900,000
4.0%
$4,296.74
2016 3Q $947,700
5.0%
$5,087.46
Difference in Monthly Payment
$790.72
*Average Commitment Rate per Freddie Mac
**Principal and Interest Payment
Date
Mortgage
Interest Rate*
P&I**
Today
$1,000,000
4.0%
$4,774.15
2016 3Q $1,053,000
5.0%
$5,652.73
Difference in Monthly Payment
$878.58
*Average Commitment Rate per Freddie Mac
**Principal and Interest Payment