Mortgage Purchase Calculators

Skip to main content

Welcome to Third Federal Online Banking.

Log In(Opens in a new window)
Mortgage Purchase Calculator Hero
The numbers all
add up in your favor.
Mortgage Purchase Rates for October 26, 2020
Cuyahoga County, Ohio
All Mortgage Rates 0 Points
Product Rate APR
5/1 ARM (30 year) 2.39% 3.02%
5/1 ARM (30 year) Low Cost 2.74% 3.09%
5/1 ARM (15 year) 2.29% 2.82%
5/1 ARM (15 year) Low Cost 2.64% 2.92%
Product Rate APR
10 Year Low Cost Fixed Rate 2.75% 2.79%
15 Year Low Cost Fixed Rate 2.69% 2.72%
30 Year Low Cost Fixed Rate 3.19% 3.20%
3/1 ARM (15 year) Low Cost 2.49% 2.99%
5/1 ARM (15 year) Low Cost 2.64% 2.92%
5/1 ARM (30 year) Low Cost 2.74% 3.09%
Product Rate APR
10 Year Fixed Rate 2.35% 2.53%
10 Year Low Cost Fixed Rate 2.75% 2.79%
Product Rate APR
10 Year Fixed Rate 2.35% 2.53%
15 Year Fixed Rate 2.39% 2.52%
30 Year Fixed Rate 2.89% 2.96%
Product Rate APR
5/1 ARM (30 year) 2.39% 2.97%
5/1 ARM (15 year) 2.29% 2.73%
3/1 ARM (30 year) 2.24% 3.05%
3/1 ARM (15 year) 2.14% 2.86%
5/1 ARM (10 year) 2.29% 2.57%

For more than 80 years, Third Federal has been a leading mortgage lender. Our mortgage rates are among the lowest. And now with our Lowest Rate Guarantee program, if you find a lower purchase mortgage rate, we’ll beat it or pay you $1,000.

Here’s how it works:


  • Find a lower rate than ours? We’ll beat it or pay you $1,000.
  • Simply provide us with the other lender’s advertisement, webpage, email, rate sheet, or other documentation of mortgage rates.
  • In most cases, you’ll have a rate decision the same day.
  • And if rates go down further, you can lock again!


  • We can lock your rate at preapproval or before preapproval.
  • We can even lock your rate without an application.
  • We can usually beat and even lock a competitor’s mortgage rate before they can.


  • We can lock your rate prior to preapproval, all the way through loan approval. You can lock your rate for as long as 120 days!
Monitor Rates Icon

Monitor Rates

Let us keep an eye on interest rates for you! Sign up for our online Rate Watch and we’ll email you when mortgage rates reach your desired target rate.

Sign Up

Mortgage Purchase Calculators

No matter what kind of mortgage you’re looking for, we have a variety of helpful calculators to take some of the guesswork out of your decision.

Mortgage QualifierNEW!

How much house can I afford?

Our Rate Isn't Too Good to be True. But it is Too Good to Pass Up.

How much will I save with a 5/1 Smart Rate mortgage compared to a fixed rate mortgage?


Smart Rate Adjustable Mortgage vs. Fixed Rate

How can a Smart Rate mortgage help me pay down my loan faster?


Mortgage Comparison: 15 Years vs. 30 Years

Which is better: a 15 or 30 year mortgage term?


Refinance Interest Savings

How much interest will I save with a mortgage refinance?


Mortgage Refinance Break Even

How long will it take me to break even on a mortgage refinance?


Adjustable Rate Mortgage Calculator

What will my adjustable rate mortgage payment be?


Mortgage Payoff

How much interest can I save by making additional principal payments?


Mortgage Required Income

What income is required to qualify for a mortgage?


Mortgage Loan Calculator (PITI)

What will my fixed rate mortgage payment be?


Credit Line

What is the equity line amount I can qualify to receive?


HELOC Payment Calculator

Home Equity Line of Credit (HELOC) Payment Calculator


College Savings

Will my current college savings plan be enough?


Traditional IRA Calculator

What are the benefits of a traditional IRA?


Retirement Income

How much monthly income will my retirement savings provide?


Retirement Planner

What will it take to create a secure retirement?


Roth IRA Calculator

How will a Roth IRA help me save more for my retirement?


Roth IRA Conversion

Is there an advantage of converting to a Roth IRA?


Roth IRA vs. Traditional IRA

Which is better: a Roth IRA or a Traditional IRA?


Social Security Benefits

How much might I receive in Social Security benefits?

Savings Calculator

How much will I earn on my savings?


Cool Million

What might it take to save one million dollars?


Savings Goals

What will it take to reach my savings goal?


Savings, Taxes, and Inflation

How are my savings affected by taxes and inflation?


Home Equity Loan Calculator

Use this calculator to calculate home equity product scenarios.


Certificate of Deposit Calculator

Find out how much interest you can earn on a Certificate of Deposit (CD).