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| Assuming a $200,000 loan with a 30-year term and an introductory interest rate of 3.950 percent (APR of 7.290 percent) for the first six months of this loan, with payments of interest only for the first five years, the borrower will make six payments of $658.33 fifty four payments of $593.75, $742.19, $890.63, $1,009.38 or $1,187.50 for the remainder of the interest only period assuming an interest rate of 7.125 percent (APR of 7.290 percent), and three hundred payments of $1,429.55 assuming an interest rate of 7.125 percent (APR of 7.290 percent). The interest rate on the loan is fixed for an initial six month period and will adjust following this initial six month period and every six months thereafter. To qualify for this monthly payment, borrower must meet minimum credit qualifications and the loan-to-value ratio must not exceed 95 percent and a maximum loan amount of $500,000. Stated APRs include a 2.5% origination fee. Rates and terms are subject to change without notice. This program is not available in all the U.S. states. Please complete the online form to be matched with lenders offering similar or other programs in your state.
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