Rates for home purchase

Assumptions: Purchasing a $500k home in Elgin, IL with 20% down...
FixedBetter rateAPROne-time costsPer month
30-year fixed rate3.750%3.750%$2,448$1,852
20-year fixed rate3.625%3.625%$832$2,346
15-year fixed rate3.125%3.125%$1,172$2,786
AdjustableBetter rateAPROne-time costsPer month
7/1 adjustable rate3.375%3.839%$2,100$1,768
5/1 adjustable rate3.250%3.894%$2,580$1,741
10/1 adjustable rate3.625%3.865%$1,700$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.
Rates and fees as of Saturday, September 23, 2017, 5:21 AM EDT
Video poster

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%.