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Residential Mortgage Loan Rates
07/03/2008

 

Long-Term Fixed Rate Loans

Interest Rate

Annual Percentage Rate

Monthly Payment*

30 Year

6.375%

6.509%

$695.93

20 Year

6.375%

6.552%

$823.50

15 Year

6.000%

6.219%

$941.32

10 Year

5.750%

6.059%

$1,224.48

 

 

 

 

Balloon Loan Rates

Interest Rate

Annual Percentage Rate

Monthly Payment*

7 Year

6.125%

6.411%

$677.79

5 Year

5.875%

6.141%

$659.86

3 Year

5.750%

6.008%

$650.98

1 Year

5.625%

5.868%

$642.14

 

 

The above payments and Annual Percentage Rates (APR) are based on a purchase price loan amount of $110,000,00 at 80% loan to value paid in monthly installments and are available to borrows with an excellent credit history.  The actual interest rates available to you will be based on your credit history and may be different than the rates displayed here. Balloon rates, payments and APR are based on an amortization period of 360 months.


*Principal plus interest only.

 

Need more Information? Contact Us or call Dana Davis at 712-732-5440.