National average
Monthly payment
$1,657/mo
Rate
5.50%
APR
APR not reported by Freddie Mac PMMS. National average rate sourced from freddiemac.com/pmms.
Total paid
$298,195
Refinance Case Study
How Ralo secured a 0.63% lower rate than the national avg.
ON A $203K LOAN, THAT'S
$804
less every year
$11,966
back over 30 years
- 5.0 on Google
- Licensed Brokerage
The Deal at a Glance
Real numbers from a real borrower
Loan Amount
$202,750
Location
Texas
Loan Type
15 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.
4.875%
↓ 0.63% national avg
Monthly Savings
$67/mo
vs national avg
Days to Close
15 Days
vs 30-day avg
Ralo stood out by a wide margin when we were shopping for the best refinance rate. Arjun and Helly are highly responsive and genuinely committed to delivering top-tier service all while backing up their promise to beat competing offers. What impressed me most was the transparency of clear pricing, no hidden fees, and thorough explanations every step of the way. They made the process straightforward and answered every question with confidence. I've already recommended Ralo to family and friends and would strongly encourage anyone to give them a chance!
Josh R
Small rate differences,
big long-term impact
National avg per PMMS data week ending Feb 5, 2026
Other lenders
Monthly payment
$1,630/mo
Rate
5.25%
APR
5.296%
Total paid
$293,375
Ralo secured
Monthly payment
$1,590/mo
Rate
4.875%
APR
5.046%
Total paid
$286,229
$11,966
saved over 30 years
A rate 0.63% below the national average translates to $67 in monthly savings and $11,966 in lifetime savings. The monthly payment does not include taxes, insurance, or HOA fees.
From lock to close in 15 days
vs the national average 30-45 days
Rate Locked
Feb 14
Conditionally
ApprovedFeb 24
Signed
Closing DisclosuresFeb 25
Closed
Mar 1
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