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Traditional Loan Products
A 1% rate drop can lower your payment by $125 monthly on a $200,000 loan!
Sample $200,000 Loan - 5 Examples
Rates shown for "example" only. Check current price.
Rate/Points
Payment
30yr Fixed
4.50%/0
$1,013.37
20yr Fixed
4.25%/0
$1,238.47
15yr Fixed
4.00%/0
$1,479.38
5/1 ARM
3.50%/0
$898.09
5/1 ARM,I/O*
Call
Call
* This is interest-only for the first 120 months.
O/O Purchase, 740+ credit score. Many Options. *Please see our blog for May 3, 2010 as it relates to the changes coming for interest-only loans programs in the next few months. Freddie Mac will cease offering the program on or about 9/1/2010. FNMA will continue offering it, but reduce parameters considerably (on or before August 1, 2010.