🏦 Comparing Credit Union Mortgages
Credit unions are member owned, non-profit financial institutions. They do not have outside stockholders to pay, so they often pass savings to members through lower loan rates. National data suggests the average 30-year fixed rate mortgage from a credit union is 27 basis points (0.27%) lower than the national benchmark (updated weekly).
This calculator shows what those savings look like in real terms, both monthly and over the life of the loan.
Note: All rates are APR. Always shop APR to get an apples-to-apples comparison.
Get the latest data on FinFam's Credit Union Rate Dashboard
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This is just a quick, general estimation. For details and more specifics, be sure to check out:
💰 Your Savings
Bank Monthly Payment
Credit Union Monthly Payment
Monthly Savings
Lifetime Savings
Calculator updated by mahmoud (v25.12.0) · View history
Privacy: None of your data is transmitted to the author of this view or any other third parties. Financial inputs are never used to identify you; they're only used to calculate results.
Disclaimer: This content and any calculations provided are for informational purposes only. The views, calculations, and methodologies expressed are those of the author and do not necessarily reflect those of this platform. Not financial advice. Users are solely responsible for any decisions made based on this information.
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