Decision Tools
Payment sensitivity

How much does a rate change cost?

Rates move a little almost every week. This shows what a quarter, half, or full point does to your monthly principal and interest, so you can judge whether it's worth waiting, or locking now.

$
$
%
RateMonthly P&Ivs. base
5.88%1.00$1,894−$209
6.38%0.50$1,997−$106
6.63%0.25$2,050−$53
6.88%base$2,103
7.13%+0.25$2,157+$54
7.38%+0.50$2,211+$108
7.88%+1.00$2,321+$218

$320,000 loan · 30-yr · base rate: Mortgage News Daily 30-year fixed, September 4, 2026

Important disclosures
  • This calculator is for general information only and is not financial, tax, or lending advice.
  • It is not a loan approval, a commitment to lend, or a rate quote.
  • Your actual rate and APR depend on your credit, loan-to-value, debt-to-income, loan program, and the lender, and change daily.
  • Property taxes, homeowner's insurance, HOA dues, PMI, and mortgage insurance are estimated or excluded unless shown, and vary by home and location.
  • FHA loans carry mortgage insurance premiums; VA loans have eligibility requirements and a funding fee. Neither is included in the principal-and-interest figure.
  • Talk to a licensed lender for numbers specific to your situation.