5/1 LIBOR ARM1
0.0 point: The initial payment on a 30-year $250000.00 5-year Adjustable-Rate Loan at 2.375% and 75% loan-to-value (LTV) is $971.64 with 0 points due at closing. The Annual Percentage Rate (APR) is 2.839%. After the initial 5 years, the principal and interest payment is $1041.62. The fully indexed rate of 3.00% is in effect for the remaining 25 years and can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable and subject to change after 5 years.
5/1 LIBOR ARM1
point:
5/1 LIBOR ARM (Interest Only)1
0.0 point: The initial payment on a 30-year Interest-Only Adjustable Rate Mortgage at 2.50% and 70% loan-to-value (LTV) is $520.83 with 0 points due at closing. The Annual Percentage Rate (APR) is 2.893%. After the 10 year Interest-Only period the payment is $1,386.50 . The fully indexed rate of 3.00% is in effect for the remaining 20 years and can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable and subject to change after 10 years.
7/1 LIBOR ARM1
0.0 point: The initial payment on a 30-year $250000.00 7-year Adjustable-Rate Loan at 2.625% and 75% loan-to-value (LTV) is $1004.13 with 0 points due at closing. The Annual Percentage Rate (APR) is 2.882%. After the initial 7 years, the principal and interest payment is $1043.62. The fully indexed rate of 3.00% is in effect for the remaining 23 years and can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable and subject to change after 7 years.
7/1 LIBOR ARM1
1.0 point: The initial payment on a 30-year $250000.00 7-year Adjustable-Rate Loan at 2.375% and 75% loan-to-value (LTV) is $971.64 with 1 points due at closing. The Annual Percentage Rate (APR) is 2.846%. After the initial 7 years, the principal and interest payment is $1036.52. The fully indexed rate of 3.00% is in effect for the remaining 23 years and can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable and subject to change after 7 years.
7/1 LIBOR ARM (Interest Only)1
0.0 point: The initial payment on a 30-year Interest-Only Adjustable Rate Mortgage at 2.75% and 70% loan-to-value (LTV) is $572.92 with 0 points due at closing. The Annual Percentage Rate (APR) is 2.941%. After the 10 year Interest-Only period the payment is $1,386.50 . The fully indexed rate of 3.00% is in effect for the remaining 20 years and can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable and subject to change after 10 years.
7/1 LIBOR ARM (Interest Only)1
1.0 point: The initial payment on a 30-year Interest-Only Adjustable Rate Mortgage at 2.50% and 70% loan-to-value (LTV) is $520.83 with 1 points due at closing. The Annual Percentage Rate (APR) is 2.904%. After the 10 year Interest-Only period the payment is $1,386.50 . The fully indexed rate of 3.00% is in effect for the remaining 20 years and can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable and subject to change after 10 years.
10/1 LIBOR ARM1
0.0 point: The initial payment on a 30-year $250000.00 10-year Adjustable-Rate Loan at 3.00% and 75% loan-to-value (LTV) is $1054.02 with 0 points due at closing. The Annual Percentage Rate (APR) is 3.053%. After the initial 10 years, the principal and interest payment is $1054.02. The fully indexed rate of 3.00% is in effect for the remaining 20 years and can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable and subject to change after 10 years.
10/1 LIBOR ARM1
1.0 point: The initial payment on a 30-year $250000.00 10-year Adjustable-Rate Loan at 2.75% and 75% loan-to-value (LTV) is $1020.61 with 1 points due at closing. The Annual Percentage Rate (APR) is 2.981%. After the initial 10 years, the principal and interest payment is $1044.00. The fully indexed rate of 3.00% is in effect for the remaining 20 years and can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable and subject to change after 10 years.
1. For Conforming loans, the APR and Monthly Payment calculation is based on a loan amount of $250,000.
Current Rates: Due to market fluctuations, interest rates are subject to change at any time and without notice and are subject to credit and property approval based on underwriting guidelines. The rates and APRs shown are based on a purchase or rate and term refinance of an owner occupied, single family residence, with 75% Loan-to-Value (LTV), for our best-qualified customers. (Interest Only ARM 70% LTV) Your individual rate may vary.