|
| |
| 30 Year Fixed |
| 20 Year Fixed |
| 15 Year Fixed |
| 10 Year Fixed |
| 3/1 ARM |
| 5/1 ARM |
| 30 Year Fixed Jumbo |
| 15 Year Fixed Jumbo |
| 40 Year Fixed |
|
30 Year Fixed
A loan in which the interest rate remains the same for the life of the loan. It amortizes principal and interest over a 30-year period and offers steady monthly payments of principal and interest over the 30-year life of the loan.
Term: 30 years
Maximum Amount: $417,000
|
| Rates | Points | APR |
|---|
| 5.75% | 1% | 6.032% |
| 5.875% | 0% | 6.063% |
| |
Based on a 45 day lock. |
 |
20 Year Fixed
A loan in which the interest rate remains the same for the life of the loan. It amortizes principal and interest over a 20-year period and offers steady monthly payments of principal and interest over the 20-year life of the loan.
Term: 20 years
Maximum Amount: $417,000
|
| Rates | Points | APR |
|---|
| 5.5% | 1% | 5.874% |
| 5.875% | 0% | 6.126% |
| |
Based on a 45 day lock. |
|
15 Year Fixed
A loan in which the interest rate remains the same for the life of the loan. It amortizes principal and interest over a 15-year period and offers steady monthly payments of principal and interest over the 15-year life of the loan.
Term: 15 years
Maximum Amount: $417,000
|
| Rates | Points | APR |
|---|
| 5.375% | 1% | 5.845% |
| 5.625% | 0% | 5.939% |
| |
Based on a 45 day lock. |
|
10 Year Fixed
A loan in which the interest rate remains the same for the life of the loan. It amortizes principal and interest over a 10-year period and offers steady monthly payments of principal and interest over the 10-year life of the loan.
Term: 10 years
Maximum Amount: $417,000
|
| Rates | Points | APR |
|---|
| 5.375% | 1% | 6.045% |
| 5.5% | 0% | 5.944% |
| |
Based on a 45 day lock. |
|
3/1 ARM
An adjustable-rate mortgage (ARM) with an initial fixed-rate period of 3 years. The interest rate then adjusts annually, based on the London Inter-Bank Offered Rate (LIBOR) index, and can move up or down as market conditions change.
Interest only option available, rate may differ.
Term: 30 years
Maximum Amount: $417,000
|
| Rates | Points | APR |
|---|
| 5% | 0% | 7.089% |
| |
Based on a 45 day lock.
|
|
5/1 ARM
An adjustable-rate mortgage (ARM) with an initial fixed-rate period of 5 years. The interest rate then adjusts annually, based on the London Inter-Bank Offered Rate (LIBOR) index, and can move up or down as market conditions change.
Interest only option available, rate may differ.
Term: 30 years
Maximum Amount: $417,000
|
| Rates | Points | APR |
|---|
| 5.5% | 0% | 6.967% |
| |
Based on 45 day lock. |
|
30 Year Fixed Jumbo
A loan in which the interest rate remains the same for the life of the loan. It amortizes principal and interest over a 30-year period and offers steady monthly payments of principal and interest over the 30-year life of the loan.
Term: 30 years
Maximum Amount: $1,000,000
|
| Rates | Points | APR |
|---|
| 8.125% | 1% | 8.451% |
| |
Based on 45 day lock. |
|
15 Year Fixed Jumbo
A loan in which the interest rate remains the same for the life of the loan. It amortizes principal and interest over a 15-year period and offers steady monthly payments of principal and interest over the 15-year life of the loan.
Term: 15 years
Maximum Amount: $1,000,000
|
| Rates | Points | APR |
|---|
| 7.75% | 0% | 8.084% |
| |
Based on a 45 day lock.
|
|
40 Year Fixed
A loan in which the interest rate remains the same for the life of the loan. It amortizes principal and interest over a 40-year period and offers steady monthly payments of principal and interest over the 40-year life of the loan.
Term: 40 years
Maximum Amount: $1,000,000
|
| Rates | Points | APR |
|---|
| 6.5% | 0% | 6.667% |
| |
Based on a 45 day lock. |
|
|
Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
|