National average
Monthly payment
$1,726/mo
Rate
6.01%
APR
APR not reported by Freddie Mac PMMS. National average rate sourced from freddiemac.com/pmms.
Total paid
$621,373
Refinance Case Study
How Ralo secured a 0.63% lower rate than the national avg.
ON A $288K LOAN, THAT'S
$1,392
less every year
$41,641
back over 30 years
- 5.0 on Google
- Licensed Brokerage
The Deal at a Glance
Real numbers from a real borrower
Loan Amount
$287,580
Location
Texas
Loan Type
30 Year Fixed
Rate Secured
Rate shown is the par rate (0 points). Actual rate selected by the borrower may vary based on points or lender credit chosen.
5.375%
↓ 0.63% national avg
Monthly Savings
$116/mo
vs national avg
Days to Close
23 Days
vs 30-day avg
Got me a great deal on a refinance with minimal effort
Small rate differences,
big long-term impact
National avg per PMMS data week ending Feb 19, 2026
Other lenders
Monthly payment
$1,701/mo
Rate
5.875%
APR
5.895%
Total paid
$612,412
Ralo secured
Monthly payment
$1,610/mo
Rate
5.375%
APR
5.429%
Total paid
$579,732
$41,641
saved over 30 years
A rate 0.63% below the national average translates to $116 in monthly savings and $41,641 in lifetime savings. The monthly payment does not include taxes, insurance, or HOA fees.
From lock to close in 23 days
vs the national average 30-45 days
Rate Locked
Feb 14
Conditionally
ApprovedFeb 24
Signed
Closing DisclosuresFeb 25
Closed
Mar 9
The Ralo Advantage
Traditional lenders are built around commissions.Ralo is built around technology and passes those savings directly to you.
No middlemen, more savings
Many traditional lenders build loan officer costs into your rate. Ralo automates what most loan officers used to do, so that cost isn't baked into yours.
Savings go to you, not a salesperson.
Automated underwriting
Our underwriting engine processes applications, verifies income, and assesses risk automatically, without the manual delays. What takes most lenders weeks takes Ralo days.
Decisions in hours, not weeks.
Completely transparent
No sales calls required to see your rate. No loan officer gatekeeping your loan estimate. Your rate, APR, and fees are shown upfront without having to talk to anyone first.
See your real numbers before you commit.
Close 3x faster
The industry average is 30–45 days to close. Ralo averages a close in 15 days because automated processing doesn't sit in anyone's queue.
15 days vs. the 30–45-day industry average.
Join borrowers who closed faster and paid less.
Get your rate estimate