Loan Examples

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LOAN EXAMPLES

An example of the 90 Days No Payments loan would be a property valued at 400,000 with a loan of 290,000. The loan term would be for 30 years with an interest rate of 1.99%. The monthly payment on this 90 Days No Payments loan would be $1,070. 1% Option ARM -- Loan Rates for July 18, 2006

Mortgage Rates for 1% Option ARM

An example of the 1% Option ARM loan would be a property valued at 415,000 with a loan of 345,000. The loan term would be for 40 years with an interest rate of 1.00%. The monthly payment on this 1% Option ARM loan would be $872. 30 Year Fixed -- Loan Rates for July 18, 2006

Mortgage Rates for 30 Year Fixed

An example of the 30 Year Fixed loan would be a property valued at 340,000 with a loan of 280,000. The loan term would be for 30 years with an interest rate of 6.75%. The monthly payment on this 30 Year Fixed loan would be $1,816. 30 Year Fixed - Jumbo -- Loan Rates for July 18, 2006

Mortgage Rates for 30 Year Fixed - Jumbo

An example of the 30 Year Fixed - Jumbo loan would be a property valued at 490,000 with a loan of 325,000. The loan term would be for 30 years with an interest rate of 6.75%. The monthly payment on this 30 Year Fixed - Jumbo loan would be $2,108. 15 Year Fixed - Jumbo -- Loan Rates for July 18, 2006

Mortgage Rates for 15 Year Fixed - Jumbo

An example of the 15 Year Fixed - Jumbo loan would be a property valued at 500,000 with a loan of 280,000. The loan term would be for 15 years with an interest rate of 6.75%. The monthly payment on this 15 Year Fixed - Jumbo loan would be $2,478. 40 year fixed -- Loan Rates for July 18, 2006

Mortgage Rates for 40 year fixed

An example of the 40 year fixed loan would be a property valued at 515,000 with a loan of 395,000. The loan term would be for 40 years with an interest rate of 7.45%. The monthly payment on this 40 year fixed loan would be $2,585. 45 year term -- Loan Rates for July 18, 2006

Mortgage Rates for 45 year term

An example of the 45 year term loan would be a property valued at 590,000 with a loan of 320,000. The loan term would be for 45 years with an interest rate of 7.50%. The monthly payment on this 45 year term loan would be $2,072. 50 year term -- Loan Rates for July 18, 2006

Mortgage Rates for 50 year term

An example of the 50 year term loan would be a property valued at 790,000 with a loan of 500,000. The loan term would be for 50 years with an interest rate of 7.55%. The monthly payment on this 50 year term loan would be $3,221. Non-Owner Option ARM -- Loan Rates for July 18, 2006

Mortgage Rates for Non-Owner Option ARM

An example of the Non-Owner Option ARM loan would be a property valued at 620,000 with a loan of 415,000. The loan term would be for 40 years with an interest rate of 1.50%. The monthly payment on this Non-Owner Option ARM loan would be $1,150. Non-Owner 2 Year Fixed -- Loan Rates for July 18, 2006

Mortgage Rates for Non-Owner 2 Year Fixed

An example of the Non-Owner 2 Year Fixed loan would be a property valued at 540,000 with a loan of 445,000. The loan term would be for 30 years with an interest rate of 8.00%. The monthly payment on this Non-Owner 2 Year Fixed loan would be $3,265.