Rates accurate as of March 26, 2020
| Type of Mortgage | Interest Rate | Annual Percentage Rate (APR) | Loan Fee |
|---|---|---|---|
| 30 Year Fixed (Owner Occupied) | |||
| 30 Year Fixed (Owner Occupied) | 4.125% | 4.289% | 1% |
| 20 Year Fixed (Owner Occupied) | |||
| 20 Year Fixed (Owner Occupied) | 3.875% | 4.097% | 1% |
| 15 Year Fixed (Owner Occupied) | |||
| 15 Year Fixed (Owner Occupied) | 3.625% | 3.903% | 1% |
| 30 Year Fixed (Non-Owner Occupied) | |||
| 30 Year Fixed (Non-Owner Occupied) | 5.000% | 5.265% | 2% |
| 15 Year Fixed (Non-Owner Occupied) | |||
| 15 Year Fixed (Non-Owner Occupied) | 4.500% | 4.939% | 2% |
| Green Choice Lending Program* | |||
| Green Choice Lending Program* | 0.50% Off Loan Fee | ||
| Type of Mortgage | Interest Rate | Annual Percentage Rate (APR) | Loan Fee |
| Jumbo Construction (30 Year) | |||
| $650,000.00 - $849,999.99 (90% max LTV) | |||
| $650,000.00 - $849,999.99 (90% max LTV) | 4.375% | 4.489% | 1% |
| $850,000 and above (90% max LTV) | |||
| $850,000 and above (90% max LTV) | 4.625% | 4.735% | 1% |
HOME LOAN PAYMENT CALCULATIONS
Calculations based on $240,000.00 conventional loan with 20% down payment (purchase) or equity position (refinancing).
- Owner Occupied (30-Year Mortgage): Interest rate 4.125%, Annual Percentage Rate (APR) 4.289%, 360 monthly payments of $1,163.16 each, total interest paid $182,449.70
- Owner Occupied (20-Year Mortgage): Interest rate 3.875%, Annual Percentage Rate (APR) 4.097%, 240 monthly payments of $1,438.59 each, total interest paid $108,750.44
- Owner Occupied (15-Year Mortgage): Interest rate 3.625%, Annual Percentage Rate (APR) 3.903%, 180 monthly payments of $1,730.49 each, total interest paid $74,750.26
- Non-Owner Occupied (30-Year Mortgage): Interest rate 5.000%, Annual Percentage Rate (APR) 5.265%, 360 monthly payments of $1,288.37 each, total interest paid $228,314.85
- Non-Owner Occupied (15-Year Mortgage): Interest rate 4.500%, Annual Percentage Rate (APR) 4.939%, 180 monthly payments of $1,835.98 each, total interest paid $94,527.35
Maximum loan to value of 95% on Owner Occupied (with a licensed contractor).
JUMBO LOAN PAYMENT CALCULATIONS
Calculation examples based on loan amounts shown with 20% down payment (purchase) or equity position (refinancing). Payment calculations are principal and interest only and do not include taxes or insurance which may increase your monthly payment.
- $655,000 loan amount: Interest rate 4.375%, Annual Percentage Rate (APR) 4.489%, 360 monthly payments of $3,270.32 each, total interest paid $533,060.16
- $850,000 loan amount: Interest rate 4.625%, Annual Percentage Rate (APR) 4.735%, 360 monthly payments of $4,370.19 each, total interest paid $738,007.23
*Green Choice Lending Program: 0.50% off loan fee for loans $500,000 and below. The reduction on loan fees for loans of $500,001 and above may not exceed $2,500.00.
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