The 1% Mistake
$200,000.00
30 Year Fixed Mortgage
Payment not including taxes or insurance
6.25%
7.25%
Monthly Payment
$1231.43
Monthly Payment
$1364.35
Difference: $132.92
Difference per Month
$ 132.92
Monthly Cable Bill
Difference Over 12 Months
$1595.04
Vacation
Difference over 10 Years
$15950.40
New Bathroom &Kitchen
Difference over 20 Years
$31900.80
New Car
Difference over 30 Years
$47851.2
+ Interest (Retirement)
Why Pay 1% MORE?
Who does the 1% benefit?
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