| * Advertised annual percentage rate effective as of 10/20/2008 and subject to change at any time. APR is based on an excellent credit history, $300,000 loan amount, 80% combined loan-to-value ratio, and a 30 year fixed-rate first-lien mortgage. Monthly payment for this example is $1,851. Additional terms and restrictions apply. |
| † Lower average monthly payment claim based on first month's payment on non-purchase loans, exclusive of closing costs, that closed between 03/01/2008 and 08/31/2008. Actual lower payment may vary. Refinancing to pay off existing debt may result in higher overall costs, and may increase the total amount paid when compared to your current situation. |
| ** The monthly payment comparison is an example only and assumes paying off an existing 30-year fixed mortgage of $110,000 at 9.25% APR (principal and interest only), credit cards totaling $2,500 with an APR of 18.10% making minimum payments of 3.00% of the outstanding balance, personal and auto loans totaling $8,500 with an APR of 8.00% payable over 3 years. The new Capital One® refinance loan of $121,000 for $902 a month is based on a fixed APR of 8.17%. The fixed monthly payments are for thirty years and require a good credit history and 80% combined loan-to-value ratio. Refinancing to pay off existing debt may extend the term of the debt, possibly resulting in higher overall costs and increasing the total amount paid when compared to your current situation. This example is provided for comparison purposes only and does not constitute a commitment to lend nor is intended to guarantee that you currently qualify. |
| Apply now is the first step in the Capital One Home Loans prequalification process where we will assess your loan needs. You will not be obligated to complete a loan application. |
