Rates accurate as of September 6, 2024
Type of Loan Interest Rate Annual Percentage Rate (APR) Loan Fee
30-Year Fixed (Owner Occupied) - New Construction Only
30-Year Fixed (Owner Occupied) - New Construction Only 7.750% 7.997% 1% Contact a Loan Officer
20-Year Fixed (Owner Occupied)
20-Year Fixed (Owner Occupied) 7.500% 7.812% 1% Contact a Loan Officer
15-Year Fixed (Owner Occupied)
15-Year Fixed (Owner Occupied) 7.250% 7.631% 1% Contact a Loan Officer
20-Year Fixed (Non-Owner Occupied)
20-Year Fixed (Non-Owner Occupied) 9.250% 9.595% 1% Contact a Loan Officer
15-Year Fixed (Non-Owner Occupied)
15-Year Fixed (Non-Owner Occupied) 9.000% 9.415% 1% Contact a Loan Officer

HOME LOAN PAYMENT CALCULATIONS
Calculations based on $100,000.00 conventional loan with 30% down payment (purchase) or equity position (refinancing) for owner occupied financing and 40% down payment (purchase) or equity position (refinancing) for non-owner occupied financing. Payment examples are principal and interest only and do not include taxes and insurance which may result in a higher monthly payment.

  • Owner Occupied (30-Year Mortgage, New Construction): Interest rate 7.750%, Annual Percentage Rate (APR) 7.997%, 360 monthly payments of $716.41 each, total interest paid $158,233.79
  • Owner Occupied (20-Year Mortgage): Interest rate 7.500%, Annual Percentage Rate (APR) 7.812%, 240 monthly payments of $805.59 each, total interest paid $93,655.84
  • Owner Occupied (15-Year Mortgage): Interest rate 7.250%, Annual Percentage Rate (APR) 7.631%, 180 monthly payments of $912.86 each, total interest paid $64,617.95
  • Non-Owner Occupied (20-Year Mortgage): Interest rate 9.250%, Annual Percentage Rate (APR) 9.595%, 240 monthly payments of $915.87 each, total interest paid $120,191.83
  • Non-Owner Occupied (15-Year Mortgage): Interest rate 9.000%, Annual Percentage Rate (APR) 9.415%, 180 monthly payments of $1,014.27 each, total interest paid $82,942.37

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