Mortgage Offer Analysis - purchase in 33140 Miami-Dade, Florida

Analysis Date: 4/8/2025, 02:22 AM

Loan Offer Grade

C

Average rate. Consider shopping around for better offers.

Purchase Price

$800,000

Loan Amount

$500,000

Current Rate / APR

6.4% / 6.8%

Origination Costs

$5,000

Lender Credits

$0

Loan Term

30 years

Down Payment

$300,000

Monthly Payment

$3,128

Property Usage

Primary Residence

Housing Type

Single Family

How does your exact mortgage compare to what we found on the market?

The loans we look for all have a 1.5% loan officer commission included in the rate.

Top Rate
APR6.098%
Origination Costs$5,220
Monthly$2,998
Your Mortgage
APR6.800%
Origination Costs$5,000
Monthly$3,128
Worst Rates
APR7.732%
Origination Costs$5,020
Monthly$3,539

Potential Savings

You could potentially save $130 per month on your mortgage.

Annual Savings

$1,557

Savings Over the Loan Term

$46,721

How We Grade This Analysis

closing.wtf

Closing on a Mortgage? Get the best deal possible.

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All loan products and financial services are provided by ClosingWTF Inc., NMLS #2688565 ("ClosingWTF"). You are not required to use ClosingWTF Inc for your mortgage needs and may be able to obtain lower rates or fees through a different mortgage lender or broker. This is not a commitment to lend. All offers are subject to submitting a complete loan application and obtaining full underwriting approval. Loan terms are subject to change. Only the most qualified applicants will be approved for ClosingWTF Inc’s lowest rates. Not available in all states. We are an Equal Housing Lender.