Skip breadcrumb

Rate and Payment Details

Below are the details of the Rate and Payment that will apply over the term of the loan. The payments listed below do not include amounts for taxes and insurance premiums, which may increase the payment amount. If the Loan is an Adjustable Rate Loan, a current reasonable Index and Margin were used to display potential future Rate and/or Payment changes.

Initial Interest Rate: On a Fixed rate loan, it is the rate for the entire life of the loan. On an Adjustable Rate Mortgage it is the interest rate that is fixed for some specified number of months at the beginning of the loan term.

APR: (Annual Percentage Rate) the rate that reflects the actual annual cost of a loan and includes the loan interest rate, private mortgage insurance, and fees such as discount points, origination, application, tax service, and settlement fees.

Fully Indexed Rate: The current index value plus the margin on an Adjustable Rate Mortgage.

Months to First Rate Adjustment: The period of time before your interest rate will adjust on an Adjustable Rate Mortgage.

15 Year Fixed

Initial Interest RateAPRFully Indexed RateMonths to First Rate Adjustment

Payment Stream

Payment Month(s)Monthly Mortgage (P&I)Rate