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30 Year Conventional
7.99 0 8.055
5.99 2.75 6.312
15 Year Conventional
5.375 0 5.47
4.99 2.75 5.514
July 4, 2008
assumptions
$
 $
 $
Principle + Interest = Monthly Mortgage Payment
$
Taxes + Insurance = Monthly Tax & Insurance
$
P&I + T&I = PITI or
Total Monthly Mortgage Payment
$
$
 $
 $
Principle + Interest = Monthly Mortgage Payment
$
Taxes + Insurance = Monthly Tax & Insurance
$
P&I + T&I = PITI or
Total Monthly Mortgage Payment
$
assumptions
   

Choosing A Mortgage Program

What type of mortgage is right for me?
There isn't a single or simple answer to this question. The right type of mortgage for you depends on many different factors:

    - Your current financial picture.
    - How you expect your finances to change.
    - How long you intend to keep your house.
    - How comfortable you are with your mortgage payment changing.
For example, a 15-year fixed-rate mortgage can save you many thousands of dollars in interest payments over the life of the loan, but your monthly payments will be higher. An adjustable rate mortgage may get you started with a lower monthly payment than a fixed-rate mortgage -- but your payments could get higher when the interest rate changes.

The best way to find the "right" answer is to discuss your finances, your plans and financial prospects, and your preferences frankly with one of our experienced Mortgage Professionals.

Here's some valuable information to help you get started:

Loan Programs We Offer
  • Refinancing Your Mortgage
  • Home Equity Line of Credit
  • 100% Financing - No Money Down
  • 103% Financing - No Closing Costs
  • Jumbo Loan Programs / Non-Conforming
  • No Income Verification Loans
  • Lock & Shop w/Free Float Down option
  • About Financing Your Property

  • Pre-Approving Your Loan
  • Financing Your Home
  • Financing Your Condo
  • Investment Property Loan
  • Construction & Land Loans
  • Mortgage Types
  • Fixed Rate Mortgages
  • Adjustable Rate Mortgages (ARM)
  • Standard ARM Programs
  • Introductory Rate ARM's
  • Balloon Mortgages
  • FHA Mortgages
  • GPM Graduated Payment Mortgage
  • Second Mortgages
  • Buydown Options
  • More Helpful Information

  • The Loan Process
  • Mortgages and Credit
  • Relocation Considerations
  • COFI ARM Cost of Funds Index
  • LIBOR - London InterBank Offered Rate


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