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| 30 Year Fixed |
| 15 Year Fixed |
| 20 Year Fixed |
| 10 Year Fixed |
| 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 |
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| 5.25% | 0% | 5.431% |
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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 |
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| 4.75% | 0% | 5.056% |
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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 |
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| 5.25% | 0% | 5.495% |
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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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| 4.625% | 0% | 5.062% |
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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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| 3.875% | 1.75% | 6.922% |
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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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| 4.25% | 0% | 6.514% |
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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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