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| 15 year fixed conforming |
| 30 year fixed conforming |
| FHA 30 year conforming |
Rates last updated on Thursday, October 11, 2018
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15 year fixed conforming
This loan is fully amortized for 15 years. The rate is fixed for the entire term. There is no prepayment penalty or balloon payment. This is for a owner occupied detached single family residence with a 80% loan to value.
Term: 15 years
Maximum Amount: $453,100
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| Rates | APR | Points |
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| 4.25% | 4.521% | 0% |
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| | Loan amounts less than $300,000 may have a slighltly higher rate. FICO scores below 760 may have a higher rate. |
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30 year fixed conforming
This loan is fully amortized for 30 years. The rate is fixed for the entire term. There is no prepayment penalty or balloon payment. This is for a owner occupied detached single family residence with a 80% loan to value.
Term: 30 years
Maximum Amount: $453,100
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| Rates | APR | Points |
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| 4.75% | 4.93% | 0.25% |
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| | Loan amounts less than $300,000 may have a slighltly higher rate. FICO scores below 760 may have a higher rate. |
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FHA 30 year conforming
This loan is fully amortized for 30 years. The rate is fixed for the entire term. There is no prepayment penalty or balloon payment. This is for a owner occupied residence.
Term: 30 years
Maximum Amount: $453,100
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| Rates | APR | Points |
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| 4.75% | 4.825% | -0.944% | | 5.125% | 5.099% | -2.1% |
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| | FHA loans have a Up Front Mortgage Insurance Premium added to the loan of 1.75%. There is also a Monthly Mortgage Insurance either .85% or .80% of the principal balance. This is determined by the loan to value. FICO score affects the rate. Loan maximum varies by county. |
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $484,350 for the contiguous states, District of Columbia, and Puerto Rico or below $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $453,100 with closing costs of $9,062. Jumbo Loans (whose maximum loan amount exceed $484,350 for the contiguous states, District of Columbia, and Puerto Rico or exceed $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $13,400. Your actual APR may be different depending upon these factors.
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