TERM
RATE*
25 YR AM**
30 YR AM**
35 YR AM**
12 month convertible
2.65%
4.55
4.02
3.65
1 year open
6.55%
6.73
6.30
6.02
1 year closed
2.34%
4.41
3.87
3.49
2 years closed
2.80%
4.63
4.10
3.73
3 years closed
3.54%
5.01
4.50
4.14
4 years closed
4.00%
5.26
4.75
4.40
5 years closed
3.99%*
5.26
4.75
4.40
7 years closed
5.25%
5.95
5.49
5.18
10 years closed
5.35%
6.02
5.55
5.23
Prime rate
2.25%
Zero down – 5% Cash Back Option
5.84%
6.31
5.85
5.55
*Rates are discounted by at least 1% and are subject to change without notice. Clients must meet discretionary pricing requirements. **Payment Factors: Multiply mortgage amount (per thousand) by “x” YR AM to calculate monthly mortgage payment.
i.e. – $200,000 mortgage at 5 year fixed w/35 yr amortization; calculation as follows; 200 multiplied by 4.40 = $880/month.
VARIABLE RATE MORTGAGE: @ PRIME Minus .25 = 2.00%
Convert at any time to low fixed rates
* Special 5 yr Fixed as low as 3.89%*
Shant Kaltakjian | Mortgage Professional