A family moving boxes into their new home

Comparing mortgage rates is one of the easiest ways to save

People who compare mortgage rates save an average of $300 per year and thousands of dollars over the lifetime of their home loan, according to the Consumer Financial Protection Bureau. Our friends at GuideToLenders offer a mortgage comparison calculator—try it now and search rates from up to 170 different lenders. That saves you all the manual research.

How the mortgage comparison calculator works

  1. 01

    Complete the Form

  2. 02

    Compare Rates

  3. 03

    Choose a Lender

Instant mortgage preapproval, so you can make offers right away

To put an offer on a home, you’ll need a mortgage or home loan preapproval letter. This verifies that you have lending up to a certain amount and tells sellers you’re a qualified buyer. You’ll usually get your official preapproval letter within days.

Mortgage rates locked in

Some home lenders in this program will lock your home loan rate for 30-60 days. After you purchase a home, you’ll still have to go through the formal home loan request. If rates go down during that timeframe, you can always restart the process and search for a better rate.

Built-in guidance

Your lender will contact you and can guide you through the process. They can even explain the finer points on the different mortgage types and what’s best for you.

FAQs for home loans and mortgages

Our friends at GuideToLenders get lots of questions regarding home loans and mortgages. Here are some commonly-asked questions, along with their answers:

What’s the difference between interest rate and annual percentage rate (APR)?

Can my mortgage rate change over time?

What percentage of my mortgage payment goes to interest?

Can I add my property taxes and insurance in my mortgage?

Is there a penalty for prepaying or paying extra each month?

Compare mortgage rates in minutes

Compare RatesOr, call 1-844-813-1293