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Loan Rates
Effective 5/1/2013
(Rates quoted are for 20% down, APR=Annual Percentage Rate, Maximum Loan $500,000, Rate Chart based on a loan amount of $150,000. Rates can differ from the chart based on detrimental credit information reported on credit applicants.)
Purchase/Refinance
| Term |
Interest Rate |
Points |
APR |
Monthly P&I Payment per $1,000 borrowed |
| 30 Yr |
3.875% |
0.000% |
3.938% |
$4.70 |
| |
3.625% |
1.000% |
3.766% |
$4.56 |
| |
3.375% |
2.000% |
3.592% |
$4.42 |
| 20 Yr |
3.500% |
0.000% |
3.551% |
$5.80 |
| 15/30* |
3.375% |
0.000% |
3.411% |
$4.42 |
| 15 Yr |
3.125% |
0.000% |
3.232% |
$6.97 |
| 7/30** |
3.000% |
0.000% |
3.058% |
$4.22 |
*15 Year term, 30 Year amortization
**7 Year term, 30 Year amortization
Jumbo Loans (greater than $500,000)
| Term |
Interest Rate |
Points |
APR |
Monthly P&I Payment per $1,000 borrowed |
| 30 Yr |
4.500% |
0.000% |
4.568% |
$5.07 |
Construction Loans
| Term |
Interest Rate |
Points |
APR |
Monthly P&I Payment per $1,000 borrowed |
| Construction Only 1 yr |
5.875% |
0.500% |
9.925% |
interest only $4.90 |
| Const/Perm 30 Yr |
3.875% |
0.500% |
4.084% |
$4.70 |
| Const/Perm 20 Yr |
3.500% |
0.500% |
3.765% |
$5.80 |
| Const/Perm 15 Yr |
3.125% |
0.500% |
3.590% |
$6.97 |
Lot Loans
| Term |
Interest Rate |
Points |
APR |
Monthly P&I Payment per $1,000 borrowed |
5 yr balloon, fixed rate
(15 yr amortization) |
7.750% |
0.500% |
7.838% |
$9.41 |
Home Equity
| Term |
Interest Rate |
Points |
APR |
Monthly P&I Payment per $1,000 borrowed |
| Open End, Variable rate (Prime - 1/2%) |
4.250% |
0.000% |
4.250% |
Variable |
| 15 Yr |
6.000% |
0.000% |
6.000% |
$8.44 |
| 10 Yr |
5.750% |
0.000% |
5.750% |
$10.98 |
| 5 Yr |
5.500% |
0.000% |
5.500% |
$19.10 |
Auto Loans and Mobile Home Loans
Please call 410-477-5000 ext 33 for current rates.
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