Rate Assumptions and APR Information

Print

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
7/1 ARM
IR 3.500%
AP 3.541%
$200,000.00
25.0%
30 yrs
7 yrs
5%
$898.09
FAI
(months 85-96)
3.250%
FAP
(months 85-96; excludes taxes and hazard insurance; total payment will be higher)
$876.00
FII
(months 97-360)
3.250%
FIP
(months 97-360; excludes taxes and hazard insurance; total payment will be higher)
$876.00
$7,213.00
n/a
Rates, terms, and fees as of 04/03/2020 10:33 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 1-7 Years 8-30
Principal & Interest $898.09
$790 min.
$1,405 max.
Mortgage Insurance + 0 + 0
Estimated Total Monthly Payment $898.09 $790-$1,405
What's your home financing price range? Don't guess.
Get Prequalified

Still have questions?