🔵 Blue — Lowest Interest Rate
This option reflects the lowest interest rate among the available pricing choices.
Lower interest rates typically require:
Higher upfront charges (such as discount points)
A longer period of time to recover those costs through monthly payment savings
This option may be appropriate for borrowers who expect to keep the loan long enough to recover the higher upfront cost.
A lower interest rate does not necessarily mean a lower overall cost.
Rate:
The interest rate applied to the loan balance. A lower rate may require higher upfront costs.
APR:
Annual Percentage Rate reflects the total cost of the loan, including certain fees, expressed as a yearly rate.
Total Invested :
Estimated total cash impact, including lender fees and closing costs. This allows side-by-side cost comparison.
Debt Payment:
Estimated total monthly housing payment, including principal, interest, mortgage insurance (if applicable).
Breakeven:
The estimated time it takes for monthly savings to recover higher upfront costs compared to another option.
Color Highlights:
Colors identify cost relationships. They do not indicate approval, recommendation, or obligation.