Rate Assumptions and APR Information

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Today's purchase rates are based on the purchase of a single-family, primary residence, a credit score of 740, and assumes the loan will have an escrow account.

C Loans
5/1 ARM
IR 4.250%
AP 4.766%
$200,000.00
25.0%
30 yrs
5 yrs
5%
$984.00
FAI
(months 61-72)
5.000%
FAP
(months 61-72; excludes taxes and hazard insurance; total payment will be higher)
$1,062.00
FII
(months 73-360)
5.000%
FIP
(months 73-360; excludes taxes and hazard insurance; total payment will be higher)
$1,062.00
$4,594.00
n/a
Rates, terms, and fees as of 08/21/2018 10:16 AM Eastern Daylight Time and subject to change without notice.
The following table illustrates the minimum and maximum payments over the life of this loan example.

Projected Payments

Payment Calculation Years 1-5 Year 6 Year 7 Years 8-30
Principal & Interest $983.88
$792 min.
$1,198 max.
$792 min.
$1,425 max.
$792 min.
$1,542 max.
Mortgage Insurance + 0 + 0 + 0 + 0
Estimated Total Monthly Payment $983.88 $792-$1,198 $792-$1,425 $792-$1,542
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