Rates Went Up. What Does 1% Really Cost You?
October 30, 2026
Quick Summary
This short video uses one example to show what a 1% rate difference may mean in dollars. On a $450,000 home with 5% down, the sample payments differ by about $284 a month. The question is whether that amount matters more to you than the home that fits your life. Your own numbers will vary.
Related reading: Why you don't need to fear today's rates, What to save for when buying a home.
Video Transcript
No speech; music with on-screen text. What the screen shows:
"Rates went up... can you still afford the house?"
Example 1 at 6.25%: $450,000 home price, $427,500 loan amount, principal and interest payment $2,632.
Example 2 at 7.25%: $450,000 home price, $427,500 loan amount, principal and interest payment $2,916.
"So the real question isn't the rate... it's this: Would you rather keep $284 more in your pocket each month, or move forward with the home that better fits your life?"
Example assumes a 30-year fixed loan, principal and interest only. Taxes, insurance, mortgage insurance, fees, and actual rates and pricing will vary. Rates shown are examples only, not an offer.
Next Steps
Feel free to reach out to our team, or connect with me directly. We help buyers all across California.
Alisha Silva, Mortgage Loan Originator, NMLS #1683313. Lend Mortgage Solutions (50-50 Mortgage Inc.), NMLS #2289265. Equal Housing Opportunity. This video is for general education only and is not a commitment to lend.
Ready to Move Forward? Choose Your Loan Officer →
