National average
Monthly payment
$3,209/mo
Rate
7.40%
APR
APR not reported by Freddie Mac PMMS. National average rate sourced from freddiemac.com/pmms.
Total paid
$1,155,305
Homebuyer Case Study
How Ralo secured a 0.53% lower rate than the national avg.
ON A $464K LOAN, THAT'S
$1,968
less every year
$59,154
back over 30 years
- 5.0 on Google
- Licensed Brokerage
The Deal at a Glance
Real numbers from a real borrower
Loan Amount
$463,500
Location
Texas
Loan Type
30 Yr 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.
6.875%
↓ 0.53% national avg
Monthly Savings
$164/mo
vs national avg
Days to Close
17 Days
vs 30-day avg
Working with Arjun and the team at Ralo was great. We decided to switch lenders in the middle of our closing, and they helped us lower our closing costs and get a much better interest rate, while still meeting the original closing date.
Small rate differences,
big long-term impact
National avg per PMMS data week ending Oct 15, 2026
Ralo secured
Monthly payment
$3,045/mo
Rate
6.875%
APR
7.103%
Total paid
$1,096,151
$59,154
saved over 30 years
A rate 0.53% below the national average translates to $164 in monthly savings and $59,154 in lifetime savings. The monthly payment does not include taxes, insurance, or HOA fees.
From lock to close in 17 days
vs the national average 30-45 days
Rate Locked
Oct 13
Conditionally
ApprovedOct 15
Signed
Closing DisclosuresOct 23
Closed
Oct 30
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