Rates accurate as of June 24, 2022
Type of Loan Interest Rate Annual Percentage Rate (APR) Loan Fee
20 Year Fixed (Owner Occupied)
20 Year Fixed (Owner Occupied) 6.750% 7.057% 1%
15 Year Fixed (Owner Occupied)
15 Year Fixed (Owner Occupied) 6.500% 6.878% 1%
20 Year Fixed (Non-Owner Occupied)
20 Year Fixed (Non-Owner Occupied) 8.500% 8.839% 1%
15 Year Fixed (Non-Owner Occupied)
15 Year Fixed (Non-Owner Occupied) 8.250% 8.660% 1%

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 (20-Year Mortgage): Interest rate 6.750%, Annual Percentage Rate (APR) 7.057%, 240 monthly payments of $760.36 each, total interest paid $82,488.43
  • Owner Occupied (15-Year Mortgage): Interest rate 6.500%, Annual Percentage Rate (APR) 6.878%, 180 monthly payments of $871.11 each, total interest paid $56,798.89
  • Non-Owner Occupied (20-Year Mortgage): Interest rate 8.500%, Annual Percentage Rate (APR) 8.839%, 240 monthly payments of $867.82 each, total interest paid $108,279.05
  • Non-Owner Occupied (15-Year Mortgage): Interest rate 8.250%, Annual Percentage Rate (APR) 8.660%, 180 monthly payments of $970.14 each, total interest paid $74,625.31

Member FDIC
Equal Housing Lender