Effective Friday, August 29th, 2008
Conventional Fixed Rate Mortgage |
Rate |
Points |
Annual Percentage
Rate |
| 40 Year |
|
|
6.875 |
0 |
6.894 |
|
|
6.750 |
0.5 |
6.811 |
|
|
6.625 |
1 |
6.728 |
| 30 Year |
|
|
6.375 |
0 |
6.396 |
|
|
6.250 |
0.5 |
6.319 |
|
|
6.125 |
1 |
6.241 |
| 20 Year |
|
|
6.250 |
0 |
6.278 |
|
|
6.125 |
0.5 |
6.216 |
|
|
6.000 |
1 |
6.153 |
| 15 Year |
|
|
5.875 |
0 |
5.910 |
|
|
5.750 |
0.5 |
5.863 |
|
|
5.625 |
1 |
5.816 |
| 10 Year |
|
|
5.750 |
0 |
5.799 |
|
|
5.625 |
0.5 |
5.784 |
|
|
5.500 |
1 |
5.770 |
|
MyCommunityMortgage TM |
Rate |
Points |
Annual
Percentage
Rate |
| 30 Year |
6.625 |
0.0 |
6.647 |
On a 30 year mortgage, with 0 points, for
$165,000.00 with an interest rate of 6.375% (6.396% APR) and a
minimum down payment of 20% ($206,250 purchase price with $41,250
down payment), the principal and interest payment would be $1,029.39 per month. (An application fee of $316.00
is included when calculating the APR.)
- Minimum loan amount - $25,000. Maximum conforming loan
amount - $417,000.
- For Jumbo loans (over $417,000), add 0.50% to conventional
rates.
- Rates subject to change without notice.
- All loans subject to secondary market underwriting requirements.
Contact Solvay Bank Mortgage Department for further details at (315) 484-2205.
Back to Solvay Bank Rates
|
