Mortgage Payment Examples

The terms used in these examples are for illustrative purposes only and the actual terms you receive may be different depending on your individual circumstances, including but not limited to creditworthiness, property type, and loan to value ratio. These estimates do not include amounts for taxes or mortgage insurance premium, and as a result the actual payment may be higher.

Mortgage Terms and Conditions

Program

Rate

APR*

Monthly Payment**

*APR = Annual Percentage Rate. Rates are subject to change without notice. Rates last updated on 10/27/2020 at 2:00 pm (EST).

¹ Mortgage purchase rates are based on a 60-day rate lock. Under certain circumstances, a 60-day rate lock may not be available.

² Mortgage refinance rates are based on a 90-day rate lock. Under certain circumstances, a 90-day rate lock may not be available. Rate may be higher due to longer processing period.

Mortgage rates are based upon a variety of assumptions and conditions.  The credit score used in this estimate may be higher or lower than your personal credit score.  A loan’s interest rate will depend upon specific characteristics of the loan and the credit history through the time of closing.

30 Year Fixed (Conforming-Purchase)1

2.625%

2.797%

$706.90

30 Year Fixed (Conforming-Cash Out Refinance)2

3.375%

3.560%

$778.09

15 Year Fixed (Conforming-Purchase)1

2.250%

2.437%

$1,152.95

15 Year Fixed (Conforming-Cash Out Refinance)2

3.250%

3.583%

$1,236.70

5/1 ARM (Conforming-30 year term)

Not Available

Not Available

Not Available

5/5 ARM (Conforming-30 year term)

2.875%

3.011%

$730.21

7/1 ARM (Conforming-30 year term)

Not Available

Not Available

Not Available

10/1 ARM (Conforming-30 year term)

Not Available

Not Available

Not Available

FHA 15 Year (FHA)

Not Available

Not Available

Not Available

FHA 30 Year (FHA)

2.750%

3.034%

$718.50

VA 15 Year (VA)

Not Available

Not Available

Not Available

VA 30 Year (VA)

2.500%

2.602%

$720.45

30 Year Fixed (Jumbo)

3.000%

3.125%

$2,192.34

5/5 ARM (Jumbo-30 year term)

3.250%

3.386%

$2,263.07

7/1 ARM (Jumbo-30 year term)

Not Available

Not Available

Not Available

10/1 ARM (Jumbo-30 year term)

Not Available

Not Available

Not Available

Learn more about Allegacy’s Mortgages »
Use one of our Mortgage calculators for more estimates »
Contact a Mortgage Loan Specialist today »

  • *APR = Annual Percentage Rate. Rates are subject to change without notice.

  • **The conforming loans are based on a loan amount of $176,000 and the jumbo loans are based on a loan amount of $520,000.