Program | Term | Interest Rate | Points | APR | Monthly Payments per $1,000 borrowed |
---|---|---|---|---|---|
30 Year Conforming | 30 Years | 6.375% | 0 | 6.455% | $6.24 |
6.125% | 1 | 6.299% | $6.08 | ||
5.875% | 2 | 6.141% | $5.92 | ||
20 Year Conforming | 20 Years | 6.125% | 0 | 6.227% | $7.24 |
5.875% | 1 | 6.102% | $7.09 | ||
5.625% | 2 | 5.974% | $6.95 | ||
15 Year Conforming | 15 Years | 6.125% | 0 | 6.253% | $8.51 |
5.875% | 1 | 6.160% | $8.36 | ||
5.625% | 2 | 6.067% | $8.24 | ||
10 Year Conforming | 10 Years | 5.875% | 0 | 6.054% | $11.04 |
5.625% | 1 | 6.025% | $10.91 | ||
5.375% | 2 | 5.996% | $10.79 |
Program | Term | Rate | Points | APR | Monthly Payments per $1,000 borrowed | Margin | Index* | |
---|---|---|---|---|---|---|---|---|
3 Year ARM 2/6 Caps | 30 Years | 5.875% | 0 | 6.878% | Months 1 to 36 | $5.92 | 2.875% | 4.25% |
Months 37 to 359 | $6.68 | |||||||
Months 360 | $6.68 | |||||||
5/1 Year ARM 2/6 Caps | 30 Years | 6.125% | 0 | 7.216% | Months 1 to 60 | $6.08 | 2.875% | 5.01% |
Months 61 to 72 | $7.12 | |||||||
Months 73 - 360 | $7.12 | |||||||
7/1 Year ARM 5/2/5 Caps | 30 Years | 6.375% | 0 | 7.140% | Months 1 to 84 | $6.24 | 2.875% | 5.01% |
Months 85 to 96 | $7.09 | |||||||
Months 97 - 360 | $7.09 | |||||||
First Time HomeBuyer 5/3 ARM 2/6 Caps | 30 Years | 6.125% | 0 | 6.802% | Months 1 to 60 | $6.08 | 2.875% | 4.25% |
Months 61 to 96 | $6.66 | |||||||
Months 97 -360 | $6.66 |