Home Loan Rates
Fixed Rate Mortgage | Adjustable Rate Mortgage | Home Equity Loan
Home Equity Line of Credit | Property Improvement Loan
Rates are accurate as of 12/01/08 and may change at any time.
Fixed Rate Mortgages
Term |
Points |
Rate |
APR |
Sample Monthly Principal & Interest Payment |
10 Year |
0 |
5.375% |
5.46% |
$1079.08 |
15 Year |
0 |
5.50% |
5.56% |
$817.09 |
20 Year |
0 |
5.625% |
5.67% |
$694.97 |
30 Year |
0 |
5.75% |
5.78% |
$583.58 |
| * APR / Payment calculation parameters: The application fee, underwriting fee, $16.00 flood certificate fee and points (if applicable) are included as prepaid finance charges. A loan amount of $100,000 is used and amortized over the specified term for Fixed Rate Mortgages. | ||||
AdjustableRate Mortgages
Adjustment |
Initial Rate |
APR |
Sample Monthly
Principal |
2 Year |
5.25% |
4.08% |
$552.21 |
1 Year |
5.25% |
3.89% |
$552.21 |
3/1 Year |
5.375% |
4.15% |
$559.98 |
5/1 Year |
5.50% |
4.41% |
$567.79 |
7/1 Year |
5.625% |
4.69% |
$575.66 |
10/1 Year |
5.75% |
5.06% |
$583.58 |
* APR / Payment calculation parameters: The application fee, underwriting fee, $16.00 flood certification fee and points (if applicable) are included as prepaid finance charges. A loan amount of $100,000 is used and amortized over a 30-year term for ARM's. The APR on adjustable rate mortgages is subject to increase after consummation. |
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Home Equity Loan
Loan Amounts |
Term |
APR |
Sample Monthly Payment |
$10,000 - $24,999 |
5 years |
7.25%** |
$224.71 using a loan
|
10 Years |
7.375%** |
||
15 Years |
7.50%** |
||
20 Years |
7.75%** |
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$25,000 - $49,999 |
5 years |
6.75%** |
|
10 Years |
6.875%** |
||
15 Years |
7.00%** |
||
20 Years |
7.25%** |
||
$50,000 - $150,000 |
5 years |
6.50%** |
|
10 Years |
6.625%** |
||
15 Years |
6.75%** |
||
20 Years |
7.00%** |
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| **Save time and money, sign up for Auto-Pay from your FSB checking account and we'll reduce your fixed interest rate by .25%! Ask your Mortgage Specialist for details. | |||
Home Equity Line of Credit
(Variable Rate) ***
Line of Credit Loan Amount |
Current Index Value Plus Margin |
Terms |
3.99% for the 4 months - Therafter* |
10 year draw period plus |
|
$50,000 + |
4.50% (Prime + .50%) |
|
$25,000 - $49,999 |
4.99% (Prime + .99%) |
|
$10,000 - $24,999 |
5.49% (Prime + 1.49%) |
|
| *Annual Percentage Rate (APR) is 3.99% for the first four months. For lines of $50,000 or greater, the APR is based on Prime Rate plus .50% for the life of the line (4.50% as of 10/30/08). For lines of $25,000 - $49,999 the APR is based on Prime Rate plus .99% for the life of the line (4.99% as of 10/30/08). For lines less than $25,000 the APR is based on Prime Rate plus 1.49% (5.49 as of 10/30/08) for the life of the line. | ||
***Rates may vary with a maximum rate of 15.90% APR. Subject to credit approval. Property insurance is required as well as flood insurance,
if applicable. If you pay off the loan within the first 3 years, you must
reimburse third-party fees paid by us (generally $300 - $1500). Annual maintenance fee of up to $75 may be charged for inactive accounts.
Property Improvement Loan
Line/Loan Amount |
APR |
Terms |
Sample Monthly Payment Amount |
$2,000 - $10,000 |
9.99% |
24 to 60 Months |
$106.21 for a loan amount of $5,000 for a 60 month term |
| **Sign up for Auto-Pay from your FSB checking account and we'll reduce your fixed interest rate by .25%! Ask your Mortgage Specialist for details. | |||
