Rates effective September 6th, 2010.

Conventional Fixed Rate MortgageRatesPointsAPR*
30 Year
4.62504.646
4.5000.54.564
4.37514.480
20 Year
4.50004.529
4.3750.54.462
4.25014.394
15 Year
4.25004.287
4.1250.54.235
4.00014.183
10 Year
4.25004.303
4.1250.54.284
4.00014.265
My Community MortgageRatePointsAPR*
30 Year4.7500.04.771

*APR = Annual Percentage Rate

On a 30 year mortgage, with 0 points, for $165,000.00 with an interest rate of 4.625% (4.646% APR) and a minimum down payment of 20% ($206,250 purchase price with $41,250 down payment), the principal and interest payment would be $848.33 per month. (An application fee of $375.00 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.