Rate Assumptions and APR Information

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Today's refinance rates are based on the refinance 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 4.625%
AP 5.064%
$200,000.00
25.0%
30 yrs
5 yrs
5%
$1,028.00
FAI
(months 61-72)
5.250%
FAP
(months 61-72; excludes taxes and hazard insurance; total payment will be higher)
$1,095.00
FII
(months 73-360)
5.250%
FIP
(months 73-360; excludes taxes and hazard insurance; total payment will be higher)
$1,095.00
$4,135.00
n/a
Rates, terms, and fees as of 10/15/2018 10:50 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 $1,028.28
$831 min.
$1,248 max.
$798 min.
$1,480 max.
$798 min.
$1,599 max.
Mortgage Insurance + 0 + 0 + 0 + 0
Estimated Total Monthly Payment $1,028.28 $831-$1,248 $798-$1,480 $798-$1,599
Let's look at your refinance goals and options together.
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