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 780, and assumes the loan will have an escrow account.

J Loans - Amounts that exceed conforming loan limits.
7/1 ARM Jumbo
IR 2.750%
AP 2.764%
$750,000.00
25.0%
30 yrs
7 yrs
5%
$3,061.81
FAI
(months 85-96)
2.750%
FAP
(months 85-96; excludes taxes and hazard insurance; total payment will be higher)
$3,062.00
FII
(months 97-360)
2.750%
FIP
(months 97-360; excludes taxes and hazard insurance; total payment will be higher)
$3,062.00
$7,939.00
n/a
Rates, terms, and fees as of 07/10/2020 10:52 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 Year 8 Year 9 Years 10-30
Principal & Interest $3,061.81
$2,906 min.
$3,731 max.
$2,906 min.
$4,444 max.
$2,906 min.
$4,811 max.
Mortgage Insurance + 0 + 0 + 0 + 0
Estimated Total Monthly Payment $3,061.81 $2,906-$3,731 $2,906-$4,444 $2,906-$4,811
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