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| 30 Year Fixed |
| 15 Year Fixed |
| 20 Year Fixed |
| 10 Year Fixed |
| 30 Year Fixed Interest Only |
| 40 Year Fixed |
| 30 Year Fixed Jumbo |
| 15 Year Fixed Jumbo |
| 3 Year ARM |
| 5 Year ARM |
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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
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| Rates | Points | APR |
|---|
| 5.75% | 1% | 6.032% |
| 5.875% | 0% | 6.063% |
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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
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| Rates | Points | APR |
|---|
| 5.375% | 1% | 5.845% |
| 5.625% | 0% | 5.939% |
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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
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| Rates | Points | APR |
|---|
| 5.5% | 1% | 5.874% |
| 5.875% | 0% | 6.126% |
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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
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| Rates | Points | APR |
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| 5.375% | 1% | 6.045% |
| 5.5% | 0% | 5.944% |
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30 Year Fixed Interest Only
A loan in which the interest rate remains the same for the life of the loan. The payments for the first 10 year are interest only payments. After the 10 year period, the remaining 20 years are principal and interest paymets.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
|---|
| 6.75% | 0% | 6.948% |
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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 for the 40 year life of the loan.
Term: 40 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 6.5% | 0% | 6.667% |
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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
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| Rates | Points | APR |
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| 8.125% | 1% | 8.451% |
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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 an interest over the 15 year life of the loan.
Term: 15 years
Maximum Amount: $1,000,000
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| Rates | Points | APR |
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| 7.75% | 0% | 8.084% |
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3 Year ARM
A loan in which the interest rate remains the same for the first 3 years of the loan. After the initial 3 years it then can adjust each year thereafter. The maximum the interest rate can change per year after the initial fixed period is 2%. The maximum the interest rate can change over the life of the loan is 6%. The lowest the the rate can ever be is 2.75%. The loan is amortized over a 30 year period.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 5% | 0% | 7.121% |
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5 Year ARM
A loan in which the interest rate remains the same for the first 5 years of the loan. After the first 5 years the loan can adjust a maximum of 5%. The loan can then adjust each year the after a maximum of 2%. The most the rate can adjust over the life of the loan is 5%. The rate cannot be lower than 2.75%. The loan is amortized over 30 years.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 5.5% | 0% | 6.995% |
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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.
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