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Mortgage Rates and Disclosures

 

Mortgage Rates

 

Effective Date of February 22, 2012

 

 

Conventional Mortgages
Term-Product Rate Points Monthly Payment* APR*
30 Year Fixed Mortgage 4.875% 0% $529.21 5.007%
20 Year Fixed Mortgage 4.750% 0% $646.22 4.929%
15 Year Fixed Mortgage 4.000% 0% $739.69 4.223%
10 Year Fixed Mortgage 3.750% 0% $1,000.61 4.070%
7/1 ARM 4.125% 1.375% $484.65 3.788%
5/1 ARM 3.875% 1.250% $470.24 3.780%

 

 

JUMBO Mortgages (Loan amount over $417,000)
Term-Product Rate Points Monthly Payment* APR*
30 Yr Fixed 5.875% 0.250% $591.54 6.039%
5/1 ARM 4.625% 0.125% $514.14 3.960%

 

* Monthly Payment and Annual Percentage Rate (APR) calculations are based on a loan amount of $100,000 with a 20% downpayment. Mortgage Insurance not included.

Payments shown do not include amounts for real estate taxes and insurance premiums, the actual payment obligations will be more.

Rates shown are for single family owner occupied dwellngs.  Condominiums may have different pricing.

Rates shown are based upon a credit score of 700.  Your rate may be higher or lower based upon your credit situation and property.

Maximum conforming loan amount $417,000. Loans must conform to secondary market requirements.

Jumbo Fixed & ARMs available up to 1,000,000.  Call for details

Mortgage Insurance required for all loans over 80% Loan to Value.

Loans approved and funds provided by another entity.

Rates are subject to change without notice. 

For more information please see a PNA Loan Officer or call during our regular business hours at 630-371-6931 (Monday-Friday, 8:30AM-5:00PM).