Rates accurate as of January 20, 2022
| HELP Type | Annual Percentage Rate (APR) | Amortized Term | Loan Fee |
|---|---|---|---|
| 4.250% Fixed (80% Max LTV) | |||
| 4.250% Fixed (80% Max LTV) | 4.450% | 10 Years | $0 |
| 5.250% Fixed (90% Max LTV) | |||
| 5.250% Fixed (90% Max LTV) | 5.463% | 10 Years | $0 |
| 5.000% Fixed (80% Max LTV) | |||
| 5.000% Fixed (80% Max LTV) | 5.147% | 15 Years | $0 |
| 6.000% Fixed (90% Max LTV) | |||
| 6.000% Fixed (90% Max LTV) | 6.158% | 15 Years | $0 |
| 6.000% Fixed (80% Max LTV) | |||
| 6.000% Fixed (80% Max LTV) | 6.107% | 25 Years | $0 |
| 7.000% Fixed (90% Max LTV) | |||
| 7.000% Fixed (90% Max LTV) | 7.117% | 25 Years | $0 |
| 4.250% ARM (80% Max LTV)* | |||
| 4.250% ARM (80% Max LTV)* | 4.333% | 25 Years | $0 |
| 5.250% ARM (90% Max LTV)* | |||
| 5.250% ARM (90% Max LTV)* | 5.344% | 25 Years | $0 |
| Green Choice Retrofit: 4.000% (80% Max LTV) | |||
| Green Choice Retrofit: 4.000% (80% Max LTV) | 4.197% | 10 Years | $0 |
| Green Choice Retrofit: 5.000% (90% Max LTV) | |||
| Green Choice Retrofit: 5.000% (90% Max LTV) | 5.210% | 10 Years | $0 |
Product for owner-occupied purchases & refinances.
FIXED-RATE HELP PAYMENT CALCULATIONS
Calculations based on $100,000.00 loan. Payment calculations are principal and interest and do not include taxes or insurance which may increase your monthly payment.
- 25-Year HELP Loan (90% LTV): Interest rate 7.000%, Annual Percentage Rate (APR) 7.117%, 300 monthly payments of $706.78 each, total interest paid $112,033.08
- 25-Year HELP Loan (80% LTV): Interest rate 6.000%, Annual Percentage Rate (APR) 6.107%, 300 monthly payments of $644.30 each, total interest paid $93,290.89
- 15-Year HELP Loan (90% LTV): Interest rate 6.000%, Annual Percentage Rate (APR) 6.158%, 180 monthly payments of $843.86 each, total interest paid $51,893.80
- 15-Year HELP Loan (80% LTV): Interest rate 5.000%, Annual Percentage Rate (APR) 5.147%, 180 monthly payments of $790.79 each, total interest paid $42,343.24
- 10-Year HELP Loan (90% LTV): Interest rate 5.250%, Annual Percentage Rate (APR) 5.463%, 120 monthly payments of $1,072.92 each, total interest paid $28,749.92
- 10-Year HELP Loan (80% LTV): Interest rate 4.250%, Annual Percentage Rate (APR) 4.450%, 120 monthly payments of $1,024.38 each, total interest paid $22,924.93
- 10-Year Green Choice Retrofit HELP Loan (90% LTV): Interest rate 5.000%, Annual Percentage Rate (APR) 5.210%, 120 monthly payments of $1,060.66 each, total interest paid $27,278.47
- 10-Year Green Choice Retrofit HELP Loan (80% LTV): Interest rate 4.000%, Annual Percentage Rate (APR) 4.197%, 120 monthly payments of $1,012.45 each, total interest paid $21,494.25
*The HELP ARM Index is based on the Federal Home Loan Bank (FHLB) 11th District Cost of Funds (COF). Rates may go up for closed-end variable rate home equity loans.
Maximum Loan Amount is $250,000; however, the following stipulations apply:
- If Olyfed is in 1st lien position, 90% maximum loan to value up to $150,000
- If Olyfed is NOT in 1st lien position, 80% maximum loan to value up to $150,000
- 75% maximum loan to value for loan amounts $150,001- $250,000.
AJUSTABLE RATE MORTGAGE (ARM) HELP PAYMENT CALCULATIONS
Calculations based on $100,000.00 loan. Payment calculations are principal and interest and do not include taxes or insurance which may increase your monthly payment.
- 25-Year HELP ARM (80% LTV): Initial interest rate 4.250%, Annual Percentage Rate (APR) 4.333%, fully indexed rate as of today is 4.250%, 300 monthly payments of $541.74 each.
- 25-Year HELP Loan (90% LTV): Initial interest rate 5.250%, Annual Percentage Rate (APR) 5.344%, fully indexed rate as of today is 5.250%, 300 monthly payments of $599.25 each.
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