Rates for home purchase
Assumptions: Purchasing a $500k home in Escondido, CA with 20% down...
| Fixed | Better rate | APR | One-time costs | Per month |
|---|---|---|---|---|
| 30-year fixed rate | 3.750% | 3.750% | $3,158 | $1,852 |
| 20-year fixed rate | 3.625% | 3.625% | $1,790 | $2,346 |
| 15-year fixed rate | 3.000% | 3.000% | $3,962 | $2,762 |
| Adjustable | Better rate | APR | One-time costs | Per month |
| 7/1 adjustable rate | 3.375% | 3.839% | $2,622 | $1,768 |
| 5/1 adjustable rate | 3.250% | 3.894% | $2,958 | $1,741 |
| 10/1 adjustable rate | 3.625% | 3.865% | $2,226 | $1,824 |
The Better Price Guarantee.
We’re confident our prices are the best. If you’ve found a more competitive offer, we’ll beat it.
The difference between “fixed rate” and “adjustable”
Support, not sales
We’ll assign you a dedicated loan consultant to help you as soon as you create an account
- Rates and fees are as of time displayed above and are subject to change without notice.
- Better does not charge an origination fee. The one-time costs shown include points/credits and third-party fees. An escrow deposit, pre-paid interest, and other charges may be required depending on your situation.
- Monthly payments do not include taxes and insurance premiums. Your actual monthly housing expenses will be higher.
- We don’t yet have your complete financial picture. Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.
- Loan approval is subject to underwriter review: not everyone who applies will be approved.
- We also assume: closing costs are paid out of pocket and debt-to-income ratio is below 35%.