|
Loan
Program |
Term |
Interest
Rate |
Annual
Percentage
Rate (APR) |
Points |
Payment
per $1000
borrowed |
|
|
Fixed
Rate Mortgages |
|
15
Year |
15
Year |
5.250% |
5.655% |
2 |
$8.04 |
 |
15
Year |
5.375% |
5.625% |
1 |
$8.10 |
|
|
15
Year |
5.500% |
5.597% |
0 |
$8.17 |
|
30
Year |
30
Year |
5.625% |
5.870%
|
2 |
$5.76 |
|
|
30
Year |
5.750% |
5.902% |
1 |
$5.84 |
|
|
30
Year |
5.875% |
5.935% |
0 |
$5.92 |
|
Adjustable
Rate Mortgages (ARM) |
|
1
Year
Adjustable Rate |
30
Year |
4.875% |
4.991% |
2 |
$5.29 |
|
|
30
Year |
5.000% |
4.914% |
1 |
$5.37 |
|
|
30
Year |
5.250% |
4.850% |
0 |
$5.52 |
|
5/1
Adjustable
Rate |
30
Year |
5.250% |
5.175% |
2 |
$5.52 |
|
|
30
Year |
5.375% |
5.133% |
1 |
$5.60 |
|
|
30
Year |
5.500% |
5.091% |
0 |
$5.68 |
|
10/1
Adjustable
Rate |
30
Year |
5.625% |
5.562% |
2 |
$5.76 |
|
|
30
Year |
5.750% |
5.552% |
1 |
$5.84 |
|
|
30
Year |
5.875% |
5.542% |
0 |
$5.92 |
|
All
Annual Percentage Rates (APRs) listed above assume a 20% downpayment. |
|
Private
Mortgage Insurance (PMI) required if the downpayment is less than 20%. |
|
Rates
on all ARM products may change after consummation of the loan and may
increase. |
|
For
other available Loan Programs please call any
office of Northwest
Community Bank |
