You bough your home 10 years ago. When you bough the home, you took a 30 years fixed rate self amortizing mortgage for $200,000 at 6.5%

Assuming you expect to live in the house 20 more years, compare and calculate which of the these three loans is offering the lowest effective rate.

Quicken Loans Quicken Loans: NMLS#3030 INTER EST RATE MO. PAYMENT 4.375966) $999 ROCKET Mortgage by Quicken Loans Rocket Mortgage: NMLS#303O INTEREST RATE M0, PAYMENT 4.375% 6) $999 CHASE 3 Chase: NMLS399798 INTER EST RATE MO. PAYMENT 4.5%@ $1,014 TOTAL INTEREST $159,486 TOTAL INTER EST $159,486 TOTAL INTEREST $164,814 FEES $1,250 FEES $1,250 FEES $995