BANKRATE.COM

Mr. Jackson recently moved here from California, he is currently renting and is interested in purchasing a home. There is a beautiful house located on his block and he has fallen in love. He has come to us for help with the purchase process as he is new to Florida and unfamiliar with real estate. He is leaning towards a 15 year fixed rate mortgage but would like to compare it to a 30 year fixed rate.

Bankrate.com is a great website that allows you to see the current rates and compare different loan types.

Go to Bankrate.com

At the top left select mortgage

Scroll to the second option compare mortgage rates

Mr. Jackson’s Loan Purpose is a mortgage

Amount is $200,000.00

Down payment 20%

Points are 0

Fico score is 682

He would like to compare a 30 year fixed rate vs a 15 year fixed rate mortgage

Select find rates

The results will allow Mr. Jackson to compare multiple types of loans and sort the results based on the APR, rate, Lender, fees, estimated payment, and points.

	Created by meltm about 9 years ago

College Green Group Note on Green Group Internet Activity, created by meltm on 09/03/2015.